Property Overview: 58 Longford Avenue, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1983-built home in River Park South presents a solid, middle-of-the-road offering in the Winnipeg market. With 1,134 sqft of living space on a 4,833 sqft lot, its size is consistently "around average" when compared to the street, neighborhood, and city. The assessed value of $418k follows a similar pattern, sitting close to the street average but above the citywide benchmark. The home last sold in late 2023 for an estimated $450k-$500k.

Its primary appeal lies in its stability and predictability. It’s not an outlier in any category, which can be reassuring for buyers seeking a home that aligns with established neighborhood norms without unexpected extremes. A thoughtful perspective is that its slightly smaller-than-street-average lot size could mean less maintenance, while its above-average ranking for year built on the street suggests it may be among the more recently built homes in its immediate row. This property would suit first-time buyers or downsizers looking for a manageable, turnkey home in a mature suburban area, or an investor seeking a straightforward rental property with values that track closely with area averages.

Section 2: Frequently Asked Questions

1. Is this home priced fairly compared to its neighbors?
Based on the data, its assessed value is very close to the street average ($409.8k) and its recent sold price range placed it in the top 27% for the area at the time, suggesting its market value is in line with or slightly exceeds typical area valuations.

2. How does the lot size impact the property?
At 4,833 sqft, the lot is below the average for Longford Avenue but near the average for River Park South. This likely means a smaller backyard than some direct neighbors but also translates to less yard work. It’s a practical layout for those prioritizing ease of maintenance.

3. What does the "around average" ranking for living area mean?
The home’s square footage is unexceptional but sufficient, ranking near the middle in all comparisons. It indicates a standard-sized family home for the area, not a compact unit or an overly large one, which supports stable resale value.

4. The home sold recently in late 2023. Should I be concerned?
A recent sale isn’t inherently a concern. It could indicate a quick flip, an estate sale, or a relocation. Requesting the exact sale price and history via the provided service is a crucial next step to understand the context and any potential change in value.

5. How does the 1983 build year affect the home?
Built in 1983, this home is newer than the Winnipeg city average. On its own street, it ranks in the top 27% by year built, meaning it might be among the newer homes in that specific cluster. Buyers should still budget for updates common to homes of this era, such as windows, roofing, or interior fixtures, but major structural systems may have more recent upgrades.