Property Overview: 27 Pately Crescent, Winnipeg
Key Characteristics & Appeal
This home at 27 Pately Crescent in River Park South is a standout property defined by its generous proportions and established presence. Built in 1984, its primary appeal lies in its exceptionally large lot of over 11,300 square feet—a rarity that ranks in the top 2% of its immediate street and neighborhood. This provides significant outdoor space and potential not commonly found in suburban settings. The living area of 1,754 sq. ft. is also notably above average for the area, offering ample interior space.
The home’s assessed value of $531,000 consistently ranks well above local and city averages, indicating a perception of solid value and desirability. Its appeal is for buyers seeking a established home in a mature neighborhood who prioritize land size over a brand-new build. It would particularly suit someone looking for room to garden, entertain outdoors, or potentially expand, and who values a home that already holds a leading position on its street in terms of size and assessed value.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in August 2022 for an estimated $500,000–$550,000, a price that placed it in the top 5-12% of sales across different areas. Its current assessed value is higher than that sale price range, suggesting increased municipal valuation.
2. Is the lot size typical for River Park South?
No, it is exceptional. The lot is more than double the average size for Pately Crescent and ranks in the top 2% of all lots in the River Park South neighborhood.
3. What does the "Elite" or "Above Average" ranking mean?
These rankings compare this specific property against similar homes on its street, in its neighborhood, and across Winnipeg. For example, an "Elite" ranking for lot size means it is larger than 98% of comparable lots on its street.
4. How can I verify the exact historical sale price?
The site provides sold price ranges based on public data. For fully verified and exact sale figures, you must request a manual lookup via email, as MLS records are not displayed here due to industry rules.
5. The home was built in 1984. Is that older than most in Winnipeg?
Actually, it is newer than average. Compared to all similar homes across Winnipeg, its 1984 build year is ranked "Above Average," meaning it is newer than about 70% of the comparable housing stock city-wide.