Property Overview
This home at 189 Charing Cross Crescent in Winnipeg's River Park South neighborhood presents a compelling mix of space and value. Built in 1980, its primary standout feature is its generous living area of 1,727 sq ft, which ranks in the top 3% on its own street. This makes it a notably spacious home compared to its immediate neighbors. With an assessed value of $402k, it sits at a very competitive point relative to area averages, suggesting a solid value proposition for the amount of interior space offered.
The appeal lies in this balance: you get significantly above-average living space for the street and area, while the price point remains around the local average. It’s a home that prioritizes interior room over a large yard, as the lot size is below average for the neighborhood. This property would suit buyers looking for a roomy family home in an established area without a premium price tag, especially those who value indoor living space more than extensive outdoor maintenance. It’s a practical choice for someone entering a stable community where the home itself offers more room to grow than many others nearby.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
The living area is a major advantage. At 1,727 sq ft, it is substantially larger than the average home on Charing Cross Crescent (1,125 sq ft) and in the wider River Park South area (1,410 sq ft). You are getting more interior space than most direct neighbors.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $402k is a municipal valuation for tax purposes. Notably, it is very close to the city-wide average for comparable homes ($390.1k) despite the home having more living space than average. Recent sold data for the street (late 2022) shows prices in the $350k-$400k range, suggesting the assessment is in a realistic ballpark.
3. What are the trade-offs for having such a large living area?
The data indicates the trade-off is a smaller lot. The land area of 4,001 sq ft is below the average for both the street and neighborhood. This means a more compact yard, which could be a plus for low-maintenance living but a consideration for those wanting extensive outdoor space.
4. The home was built in 1980. Should I be concerned?
The build date is typical for the street, which averages 1980. While this means potential updates (like roofing, windows, or major systems) should be carefully evaluated, it also places the home in a mature, established part of the community with homes of a similar vintage.
5. How can I verify the exact past sale price?
The site provides sold price ranges based on public data. To obtain the exact, verified sale history and figures, you must request a manual lookup via email, as this information is not sourced from the MLS and full details are not displayed publicly on the page.