Property Overview: 3 Orford Crescent, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home at 3 Orford Crescent presents a solid, above-average offering in Winnipeg's River Park South neighborhood. Built in 1992, its key strength lies in its generous 6,422 sqft lot, which is significantly larger than most on its street and in the immediate area, offering excellent outdoor space potential. With 1,680 sqft of living area, the home provides more space than the average Winnipeg house and is competitively sized for its neighborhood.
The appeal is grounded in value and space. The property's assessed value of $540,000 places it above average for both the neighborhood and city-wide, suggesting a strong perceived worth. It suits buyers looking for a established community feel, where the house itself is a comfortable size but the land is a standout feature. This would be a practical choice for a growing family seeking room for a backyard play area or garden, or for buyers who prioritize lot size over having the newest home on the block. A thoughtful perspective is that while the home is older than some on its specific street, it is actually newer than the average home in both River Park South and Winnipeg overall, positioning it as a relatively modern home in the broader context.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
According to available data, the home last sold between $400,000 and $450,000 in May 2019. Its current assessed value of $540,000 is above both that prior sale range and the average for the area, indicating significant appreciation.
2. Is the lot size a major advantage?
Yes. The lot is over 6,400 sqft, ranking in the top 13% on Orford Crescent and top 18% in River Park South for size. This is a defining feature of the property, offering more privacy and space for outdoor activities than many comparable homes.
3. How does the home’s age affect its appeal?
Built in 1992, the home is not the newest on its street but is still newer than the average home in Winnipeg. Buyers should factor in the potential for updates common to homes of this era, but can also expect a more mature landscape and established neighborhood.
4. What is the neighborhood context for value?
The home’s assessed value ranks in the top 17% in River Park South and top 14% city-wide, meaning it is considered a higher-value property within these broader areas, not just on its immediate street.
5. Where can I find verified sale price history?
The provided sold price data is from public sources, not the MLS. For a complete and verified transaction history with exact sale figures, you must request a manual lookup from the site, which they provide via email.