Property Overview: 35 Charing Cross Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a compact, single-family residence in the established River Park South neighborhood. Built in 1979, it offers 830 square feet of living space on a 4,001 square foot lot. Its assessed value of $347,000 is notably below the neighborhood average, positioning it as a more accessible entry point into the area.
The primary appeal lies in its value proposition. For a buyer comfortable with a smaller footprint, this property represents a chance to secure a detached home in a mature suburb without the premium price tag of larger houses on the same street or in the wider neighborhood. It sold in 2023 in the $300k-$350k range, suggesting a market price well below typical area assessments. This suits first-time buyers, downsizers, or investors seeking a lower-cost holding in a stable community. A thoughtful perspective is that its below-average metrics for the immediate area could mean less property tax burden relative to neighbors, and the smaller lot and home size translate to lower maintenance costs and utility bills—a practical efficiency that appeals to a specific lifestyle.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 830 sqft, the home is significantly smaller than most in River Park South. It will suit those who prioritize efficient living and lower upkeep, but may feel cramped for those needing multiple dedicated rooms or ample storage.
2. How does the assessed value compare to likely selling price?
The $347,000 assessment is a municipal valuation for tax purposes. The 2023 sale in the $300k-$350k range indicates the market price may trend below this assessment, which is an important point for offer strategy and financing.
3. What does the sale history tell us?
It sold previously in 2019 for $250k-$300k and again in 2023 for $300k-$350k. This shows steady appreciation over that four-year period, consistent with broader market trends.
4. Are the lot size and year built concerns?
The lot is smaller than area averages, limiting expansive outdoor additions but making yard maintenance manageable. The 1979 build date is typical for the street, but buyers should budget for potential updates common to homes of this era, such as windows, roofing, or mechanical systems.
5. How can I get the exact past sale prices?
The provided data shows price ranges. Due to industry regulations, exact sale figures are not published online. You can request the precise transaction history by emailing the site directly for a manual lookup.