216 Charing Cross Crescent

Property Overview: 216 Charing Cross Crescent, River Park South, Winnipeg

Key Characteristics & Appeal

This 1,090 sqft bungalow, built in 1981, presents a solid, middle-ground option in the established River Park South neighborhood. Its primary appeal lies in its balance and consistency rather than standing out in any single category. The home sits on a roughly 4,877 sqft lot, which is typical for the immediate street but slightly smaller than newer parts of the area.

The data reveals a thoughtful perspective: this property is a stable performer within its most immediate context. On its own street, it holds an "Elite" ranking for its year of build (newer than most neighbors) and an "Above Average" assessed value, suggesting it is well-maintained and perceived favorably in its direct comparison group. However, when zooming out to the wider neighborhood or city, it consistently registers as "Around Average" in size, value, and lot dimensions. This positions it as a low-surprise, predictable choice—a home that likely won't underwhelm or overpromise relative to its close peers.

It would suit practical, value-conscious buyers looking for a move-in ready home in a mature suburb without the premium of a brand-new build or a massive lot. It's particularly suitable for someone who prioritizes neighborhood stability and a home that aligns closely with the established character of its specific street.

Frequently Asked Questions

1. How does this home's value compare to recent sales on the street?
Based on available data, the home last sold between $300k-$350k in early 2017. Its current assessed value of $414k is above the street average, indicating official valuation growth. For exact, verified sale prices of comparable nearby properties, a manual lookup is recommended.

2. Is the living space smaller than average for the area?
At 1,090 sqft, it is smaller than the broader River Park South average (~1,410 sqft). However, it is much closer to the average for its specific street (~1,125 sqft), indicating the homes on Charing Cross Crescent are generally more compact and consistent with each other.

3. What does the "Elite" ranking for year built mean?
Built in 1981, this home is newer than the vast majority of directly comparable homes on Charing Cross Crescent. This suggests potentially fewer age-related issues than some neighbors and aligns with a common build period for the street, which may simplify finding contractors familiar with the home's style and systems.

4. How does the lot size impact potential for expansion or landscaping?
The lot is approximately average for the street but smaller than many lots in newer subdivisions. This is typical for the area and period. It provides adequate outdoor space for a garden or deck but may present limitations for large additions requiring significant setback space.

5. Why is the assessed value above the street average if the home is average in size?
A higher assessed value on a street of similar-sized homes often reflects factors like superior upkeep, modernized interiors, favorable positioning on the lot, or desirable exterior features. It indicates this specific property is considered to have above-average marketable attributes compared to its immediate neighbors.