156 Charing Cross Crescent

Property Overview: 156 Charing Cross Crescent, River Park South, Winnipeg

Key Characteristics & Appeal

This home stands out on its street for its generous proportions and established presence. Built in 1981, it is notably newer than most comparable homes on Charing Cross Crescent. The 1,591 sqft living area is comfortably above average for both the street and the city, offering more interior space than many peers. A key feature is the 6,427 sqft lot, which ranks in the top 5% on the street, providing significant outdoor space that is increasingly rare.

The appeal lies in its balanced position. It’s a larger, newer home on a premium lot within a mature neighbourhood, yet its assessed value remains relatively moderate compared to the wider River Park South area. This suggests a potential value proposition for the street. The property last sold in August 2022 for an estimated $450k–$500k, a price that placed it in the top tier of local sales at the time.

This home would suit buyers looking for a well-sized family home with a substantial yard in a settled neighbourhood, without the premium often attached to newer subdivisions. It’s ideal for those who prioritize indoor and outdoor space over a brand-new build, and who see value in a home that ranks highly on its own block.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $416k. It sold in August 2022 for an estimated $450k–$500k, which was in the top 3% of sale prices for the street at that time. This indicates the market recently valued it above its current assessed value.

2. Is the home older or newer than others in the area?
At 1981, it is actually one of the newest homes on Charing Cross Crescent, ranking in the top 2%. However, for the broader River Park South neighbourhood, which has many newer subdivisions, its build year is below the area average.

3. What does the lot size mean for potential buyers?
The lot of 6,427 sqft is exceptionally large for the street (top 5%) and above average for the neighbourhood. This allows ample room for gardening, play, expansions, or additions like a shed or deck, offering more privacy and flexibility than typical lots.

4. How does this property fit within the local market context?
It presents an interesting profile: its living area and lot size are elite for its immediate street, but its assessed value is only slightly above the street average. This could mean it is perceived as good value on its block, or it may reflect differences in finishes or updates compared to the neighbourhood average.

5. Where can I get verified historical sale data?
The provided sale price is an estimate from public records. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, as they do not have access to or display MLS sold records due to industry rules.