Property Overview: 168 Charing Cross Crescent, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home on Charing Cross Crescent presents a solid, above-average offering within its immediate streetscape. Built in 1981, it is actually one of the newer homes on its block. With 1,591 sqft of living space, it provides more room than most comparable homes on the street and slightly more than the Winnipeg average, making it a spacious choice for the area.
Its primary appeal lies in its strong positional value on a street of similar homes. The assessed value of $409k is above the street average, yet it sits below the broader neighborhood average for River Park South. This suggests you may get more house for your money here compared to other parts of the community, while still being part of a stable, established area. The lot size is typical for the street but smaller than many in the wider neighborhood, indicating a lower-maintenance yard.
This property would suit practical buyers looking for a move-in ready, spacious home in a mature Winnipeg suburb without a premium price tag. It’s ideal for those who value street-level consistency over a sprawling lot, and for owners who appreciate a home that stands out favorably in direct comparison to its closest neighbors in terms of size, age, and value.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $450k-$500k in June 2022. The current assessed value of $409k is below that sale range, which may reflect market adjustments or the municipal assessment process. For exact historical sale figures, a manual lookup is required.
2. Is the living space considered large for Winnipeg?
Yes. At 1,591 sqft, it ranks above average both city-wide and, more notably, on its own street—placing it in the top 12% of comparable homes on Charing Cross Crescent.
3. The home was built in 1981. Is that old for the area?
Interestingly, no—on its specific street, it’s actually one of the newest, ranking in the top 2%. However, within the larger River Park South neighborhood, it is older than the average home.
4. What does the lot size mean for maintenance and potential?
The 4,336 sqft lot is very typical for the street but below the neighborhood average. This suggests a manageable yard space, which could be a plus for those seeking lower outdoor upkeep, but may limit expansion possibilities compared to larger lots nearby.
5. Why is the assessed value above average on the street but below average for the neighborhood?
This highlights a key nuance: the home is a strong performer on its own block. The lower average value for the street compared to the wider neighborhood suggests Charing Cross Crescent may be a more affordable pocket within River Park South, making this property a standout on its crescent while remaining accessibly priced for the community.