Property Overview

This 1,386 sqft home at 52 Scammel Road in Winnipeg's River Park South neighborhood presents a specific value proposition. Built in 2014, it is a relatively modern property positioned within a well-established area. Its appeal is rooted in its balance of age, location, and a city-wide assessment that suggests solid value retention, though it sits on a smaller lot for its immediate street.

Key Characteristics & Ideal Buyer

The home’s primary strength is its age. Built in 2014, it is newer than 97% of similar homes in River Park South and stands out on its own street, where it ranks in the top 7% by year built. This suggests modern construction standards, likely newer major systems, and less immediate need for significant updates compared to older neighborhood stock.

Its assessed value of $481,000 tells a nuanced story: while it is below the average for Scammel Road itself, it sits above the averages for both the neighborhood and the wider city of Winnipeg. This indicates you are acquiring a property with a strong city-wide valuation, but potentially at a more accessible entry point within its own desirable micro-location. The living space is near the city average but modest for the street, and the lot size is smaller than most neighbors.

This property would best suit practical buyers who prioritize a modern, low-maintenance home in a mature neighborhood over maximizing square footage or yard size. It’s an efficient option for first-time buyers, small families, or downsizers seeking a newer build without venturing to the urban fringe, and who view the smaller lot as a benefit for upkeep.

Frequently Asked Questions

1. How does the assessed value compare to likely market value?
The assessed value of $481,000 is for municipal tax purposes and is a lagging indicator. It suggests the home is valued above most in Winnipeg but below many on its own street. Market value is determined by current sale prices, which can be higher or lower. The last known sale was between $400k-$450k in 2016.

2. Is the smaller living area and lot a significant concern?
It depends on your needs. At 1,386 sqft, the home offers efficient, modern living space suitable for many. The lot, while smaller than neighbors, reduces maintenance. For buyers wanting ample room for expansion, large gatherings, or extensive gardening, it may feel constrained. For others, it represents a manageable property.

3. What does it mean that the home is "newer" than almost all in the area?
River Park South has an average build year of 1990. A 2014 home significantly reduces the risk of aging roof, windows, furnace, or major systems needing imminent replacement. This can translate to predictable costs and modern energy efficiency in an established neighborhood setting.

4. Why is the assessed value lower than the street average?
The street average of ~$538k is pulled higher by larger, sometimes more renovated homes. At 52 Scammel Road, the combination of a smaller footprint and lot size relative to neighbors directly influences its lower assessment within this specific group, even though it's a newer structure.

5. How can I verify the exact historical sale price?
The provided data shows a sale price range from 2016. Due to data display rules, exact sold prices are not published publicly on this site. You can request the full, verified transaction history by emailing the site administrators for a manual lookup.