Property Overview: 61 Becontree Bay, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,957 sqft home, built in 1987 on a 5,483 sqft lot, presents a compelling opportunity in Winnipeg's River Park South neighborhood. Its primary appeal lies in its above-average and well-balanced stature across key metrics. The living space is notably generous, ranking in the top 3% on its own street and outperforming averages for the neighborhood and city. With an assessed value of $494k, it sits above typical benchmarks for the area, suggesting a home with premium features or finishes for its locale.

The property suits buyers seeking established value and space without venturing into the highest price tier. It’s ideal for those who prioritize more interior square footage over the largest lot, as the home’s size is a standout feature while the yard is more standard for the area. The 1987 build date places it in a mature, settled streetscape, appealing to buyers comfortable with a home that may have seen thoughtful updates over the years rather than one that is brand new. It represents a solid, upper-tier option within its immediate community—a home that feels spacious and well-regarded in its own context.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The home sold in September 2020 for a price between $350,000 and $400,000. The current assessed value of $494k is higher, reflecting market changes and possible improvements since that sale.

2. Is the lot size a disadvantage?
The lot is slightly smaller than the street average but is very close to the neighborhood average. It represents a efficient use of space, where the emphasis has been placed on a larger living area. For buyers who value indoor space and manageable yard maintenance, this is a practical balance.

3. What does its ranking in the "top 27%" for value on its street indicate?
This means its assessed value is higher than about 73% of similar homes on Becontree Bay. It suggests the home is considered one of the more valuable properties on the street, which could be due to its size, condition, or upgrades.

4. The home was built in 1987. What should I consider?
Homes of this age are often well-situated in mature neighborhoods with established trees and amenities. Prospective buyers should focus on the condition and modernization of major systems (like roof, windows, furnace) and interior finishes, as maintenance and updates are key factors in a 35+ year-old home.

5. How can I verify the exact past sale price?
The provided sale data is an estimated range from public records. For the exact sale price and a full transaction history, you must request a manual lookup from the site, which they will provide via email, as MLS data is not displayed here.