Property Overview: 38 Mansfield Crescent, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 38 Mansfield Crescent is a practical, entry-level property in the established River Park South neighborhood. Built in 1982, it is one of the older homes on its street, offering a sense of maturity and settled character. With 936 square feet of living space and a 3,799 sqft lot, its footprint is notably more compact than most homes in the area and across Winnipeg. This translates to lower maintenance demands for both the interior and yard.
The primary appeal lies in its value positioning. With an assessed value of $361k, it sits below the averages for its immediate street and neighborhood, yet aligns closely with the wider Winnipeg average. This suggests an opportunity for budget-conscious buyers to enter a desirable neighborhood at a relatively accessible point. Recent sale data indicates it last sold for between $350k-$400k in 2022.
This property would best suit first-time buyers, downsizers, or investors seeking a manageable, no-frills home in a stable community. Its below-average size and lot are drawbacks for those needing space, but distinct advantages for those prioritizing affordability, lower utility costs, and easier upkeep. It represents a classic "starter home" proposition: a chance to gain a foothold in the market with the trade-off being less square footage than surrounding properties.
Section 2: Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. The living area is below the average for Mansfield Crescent, River Park South, and Winnipeg overall. This is the defining characteristic of the property, making it more affordable but also more compact.
2. How does its value compare?
Its assessed value is below average for the street and neighborhood, but very close to the median for the entire city. This indicates you are paying less for the specific location but a typical Winnipeg price for the home itself.
3. What does the lot size mean for me?
At 3,799 sqft, the lot is smaller than most in the area. This means less outdoor maintenance and gardening, but also more limited space for additions, large decks, or extensive private landscaping.
4. The home was built in 1982. What should I consider?
As one of the older homes on the block, a thorough inspection is crucial to assess the condition of major aging components like the roof, windows, and heating system, which may be nearing or past their typical lifespan.
5. How reliable is the sold price information shown?
The site provides a sold price range based on public data, not the official MLS record. For the exact sale history and verified figures, you must request a manual lookup from the website via email, as detailed in the disclaimer.