974 Riviera Crescent

Property Overview: 974 Riviera Crescent, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home on a generous, mature lot in Crescent Park stands out for its above-average scale and modern build relative to its surroundings. Built in 2006, it is a notably newer construction in an area where many homes are decades older, suggesting contemporary building standards and potentially lower immediate maintenance. With over 2,600 sqft of living space, it offers substantial room for a family, ranking in the top tier for size both in the neighbourhood and citywide. The property features an attached garage and a renovated basement, adding functional living and storage space.

Its appeal lies in this combination of a modern, spacious home within an established, sought-after neighbourhood. It suits buyers looking for a move-in ready family home without the character-home upkeep often associated with older areas. It’s particularly well-matched for those who value interior space and newer systems, but still want the stability and prestige of a mature community like Crescent Park. A thoughtful perspective is that while the lot size is average for the immediate street, it is above average citywide, offering a balance of manageable yard maintenance with established greenery and privacy.

Section 2: Frequently Asked Questions

1. How does the 2006 build date impact this home?
It means the structure, roof, windows, and major systems are relatively young compared to most homes in Crescent Park, potentially reducing the need for near-term costly updates.

2. Is the assessed value a direct indicator of the listing price?
No. The assessed value of $77.5k is for municipal tax purposes. The home last sold for $580k in 2016. Market conditions, renovations, and demand will determine the current listing price.

3. What does "renovated basement" typically include?
While specifics should be verified, this usually indicates a finished lower level with legal ceilings, proper flooring, and walls, creating additional living space such as a family room, office, or bedrooms.

4. How does the lot size compare?
At just under 6,800 sqft, the lot is around average for Riviera Crescent and Crescent Park, but it is larger than the typical Winnipeg lot, offering good outdoor space.

5. What is the significance of the ranking data provided?
The rankings (e.g., "Top 6%") show how this property compares to similar homes on its street, in the neighbourhood, and across Winnipeg for key metrics. They highlight that this home is consistently above average, especially in living area and year built, confirming its standout features in a quantitative way.