Property Overview
This home at 208 Charing Cross Crescent presents a compelling opportunity in Winnipeg's River Park South neighborhood. Its appeal lies in offering above-average space and value within a well-established, mature streetscape.
Key Characteristics & Ideal Buyer
The 1,591 sqft living area is a standout feature, ranking in the top 12% on its own street and above averages for both the street and the wider city. This suggests a home that feels more spacious than many in the area without being oversized. Built in 1981, it is among the newer homes on Charing Cross Crescent, offering a potential advantage in terms of modern building standards for its vintage.
The assessed value of $424k is considered elite for the street (top 5%), indicating it is viewed as a premium property on this particular crescent. However, it sits around the average for the broader River Park South neighborhood, presenting a nuanced value proposition: you're acquiring one of the better homes on a street where property values are generally strong.
The lot size of 4,300 sqft is typical for the street but below the neighborhood average. This points to a property where the value is driven more by the home's size and condition than by expansive outdoor space.
This home would suit buyers looking for a established, roomy family home in a mature suburb. It’s ideal for someone who prioritizes interior space over a large yard and appreciates being on a street with consistently valuable properties. It may also appeal to those interested in a home from the early 80s that is newer than most of its immediate neighbors.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,591 sqft, the living area is significantly larger than the average home on Charing Cross Crescent (1,125 sqft) and above the Winnipeg city average. It offers substantial interior space for the area.
2. The assessed value seems high for the street. What does that mean?
An assessed value in the top 5% for the street typically reflects the municipality's view that this is one of the most valuable properties on the block. This can be due to a combination of its larger size, newer build year (for the street), and overall condition.
3. Is the lot size a drawback?
The lot is average for the street but smaller than many in the wider River Park South neighborhood. This means the yard space is typical for Charing Cross Crescent but may be more compact than some other area homes. The value here is weighted toward the house itself.
4. How can I find out the exact past sale price?
The provided data shows a sold price range between $350k-$400k in February 2017. Due to data display rules, exact historical sale figures are not published online here. You can request the precise sale history via email through the site for a manual lookup.
5. What are the implications of it being a 1981 build in this location?
Being built in 1981 makes this home newer than most on its street, which can be positive. However, it is older than the average home in the broader River Park South area. This suggests a well-established streetscape where this home is not an outlier, but prospective buyers should consider the age-appropriate updates and maintenance typical of a home over four decades old.