Property Overview: 103 Pately Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 103 Pately Crescent in River Park South presents a compelling, well-balanced offering. Its primary strength is its generous living space of 1,754 sq ft, which ranks in the top 2% on its own street and well above neighborhood and city averages. This suggests a home that offers more room than most in its immediate area without being an outlier. The lot size is also notably larger than the street average, providing above-average outdoor space.
The appeal lies in its established, mature setting. Built in 1984, it is among the newer homes on its street, yet it benefits from the stability and developed landscaping of an older neighborhood. The assessed value is very much in line with local averages, indicating a fair market positioning without premium pricing for its above-average square footage. This creates a value proposition: you get more interior space for a price that is typical for the area.
This property would suit practical buyers looking for space and neighborhood stability over brand-new finishes. It’s ideal for a growing family seeking room to spread out in a settled community, or for someone who values a larger yard. It’s a home for those who see the advantage in a property that stands out in size on its block but doesn’t carry the price tag or property taxes of a true luxury home.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to nearby properties?
This home is notably larger than most on its street and in the wider area. With 1,754 sq ft of living area, it ranks #1 out of 52 homes on Pately Crescent, offering significantly more space than the street average of 1,452 sq ft.
2. Is the asking price in line with the assessed value?
The last sold price (2022) was between $450k-$500k. The current assessed value is $431k, which is very close to the street average of $428.6k. This suggests the home is assessed consistently with its neighbors, and any listing price would likely be influenced more by recent market conditions than an inflated assessment.
3. What is the neighborhood like for similar homes?
In the River Park South neighborhood, this home’s living area is above average, ranking in the top 21%. However, its assessed value and lot size are around the neighborhood average, indicating it offers more house for a typical price in this specific community.
4. How old is this home compared to others nearby?
Built in 1984, it is actually one of the newer homes on its street (ranking #2 out of 52). For the broader neighborhood and city, its age is around or slightly above average, meaning major components like the roof or windows may be due for consideration, but it’s not an older-century home.
5. Where can I find verified past sale prices?
The public data shows a sold price range. For fully verified and exact historical sale figures, you need to request a manual lookup from the site via email, as they do not have access to or display MLS sales records directly on the page.