Property Overview
180 Charing Cross Crescent presents a solid, established home in Winnipeg's River Park South neighbourhood. Built in 1981, its key characteristic is balance: it offers a manageable 1,000 sqft of living space on a 4,100 sqft lot, with an assessed value that sits comfortably around city and neighbourhood averages. The data reveals a home that isn't the largest on the block or in the area, but one that holds its value well on its specific street, where it ranks above average for assessed value.
Its appeal lies in its position as a practical, no-surprises property in a mature community. It’s notably one of the newer homes on its own street, which may suggest fewer immediate concerns with foundational wear compared to older neighbours. The home would suit first-time buyers or downsizers looking for a straightforward, lower-maintenance entry into a stable area without premium pricing for extra square footage. It’s for the buyer who prioritizes a sensible financial footprint and established surroundings over expansive size or modern custom builds.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,000 sqft, the living space is below the averages for both the River Park South neighbourhood (1,410 sqft) and Winnipeg overall (1,342 sqft). However, it is much closer to the average for its own street (1,125 sqft), indicating the homes immediately around it are of a similar, more modest scale.
2. Is the assessed value reasonable for the area?
The assessed value of $406k is above the street average and aligns closely with the citywide average. This suggests the property is valued appropriately for its specific location and characteristics, potentially offering good value within its immediate crescent.
3. What does the year built tell us about the property?
Built in 1981, this is actually one of the newest homes on Charing Cross Crescent. This "elite" ranking on its street could imply updated infrastructure (like plumbing or electrical) compared to immediate neighbours, a subtle but valuable advantage in an older neighbourhood.
4. How does the lot size impact potential?
The 4,100 sqft lot is below average for the street, neighbourhood, and city. This means outdoor space may be more limited, but it also translates to less yard maintenance—a point of appeal for those seeking a simpler upkeep routine.
5. What can past sale data tell us?
The home sold between $300k-$350k in early 2019. While not an exact predictor, this provides a historical benchmark. The current assessed value being higher than that past sale range reflects broader market movements and the property’s maintained or improved value over time.