Property Overview: 110 Pately Crescent, Winnipeg
Key Characteristics & Appeal
This 1,098 sqft bungalow, built in 1984, presents a solid, no-surprises offering in the established River Park South neighborhood. Its primary appeal lies in its consistency and established context. The home sits on a standard 4,542 sqft lot and has an assessed value of $424k, placing it firmly in the average range for its immediate street and neighborhood across metrics like size, value, and land area. This isn't a standout luxury property or a fixer-upper; it's a typical, well-placed home in a mature community.
A less obvious point of strength is its relative age on its specific street. While 1984 is average for Winnipeg, this home is ranked in the top 4% for year built on Pately Crescent itself, meaning it is one of the newer homes on its block. This can suggest more modern construction standards for the area and potentially less immediate concern for block-wide aging infrastructure issues.
The property would best suit pragmatic buyers seeking a stable entry into a settled suburban neighborhood—first-time homeowners, small families, or downsizers who value predictability over dramatic potential. It’s for someone who appreciates a home that aligns with its surroundings rather than one that promises exceptional appreciation or requires a major transformation.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $350k-$400k in August 2020. Its current assessed value of $424k is above the citywide average but typical for its street and neighborhood, suggesting it has appreciated in line with its local market.
2. Is the living space smaller than average?
At 1,098 sqft, it is slightly below the average for both Pately Crescent (1,452 sqft) and River Park South (1,410 sqft). This indicates it may be more compact than many neighboring homes, which could mean lower utility costs and less maintenance.
3. What does the "Elite" ranking for year built on the street mean?
This simply means that, compared to the 52 homes on Pately Crescent used for comparison, this 1984 build is one of the newest. The average year built on the street is also 1984, so many homes are older. This is a hyper-local advantage.
4. How reliable is the sold price data provided?
The site states its sold price data is from public internet sources, not the MLS, and is presented in a $50k range for non-members. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. Are the nearby listed properties direct comparisons?
The listed "for reference" and "similar assessed value" properties provide context, but key details like condition, updates, and interior layout vary. A home with the same assessed value or square footage in a different neighborhood may have a very different market price and appeal.