Property Overview: 47 Westbourne Crescent, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South stands out for its generous proportions, both indoors and out. With 2,197 sqft of living space, it ranks in the top 5% of the neighborhood for size, offering significantly more room than the area average. Its most distinctive feature is the 12,340 sqft lot, placing it in the elite 1% of River Park South for land area. This creates rare potential for privacy, expansion, or landscaping not typically found in suburban settings.
The appeal lies in acquiring a property that outperforms most benchmarks. It’s not just a larger home on its street; it’s a notably larger property within its wider community. The assessed value of $619k reflects this, ranking consistently above average at every level. A thoughtful perspective is that the home, built in the mid-80s, may offer more established, mature landscaping and a settled streetscape compared to newer subdivisions, while still being newer than the typical Winnipeg home.
This property would best suit buyers prioritizing space and established neighborhoods over a brand-new build. It’s ideal for families seeking ample indoor living area and a substantial backyard, or for those who value the long-term potential and privacy that a lot of this size affords.
Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
It is significantly larger than most. Its living area is in the top 5% for the River Park South neighborhood, and its lot size is in the top 1%, making it a standout property for space.
2. What was the recent sold price?
Public records indicate it sold between $550,000 and $600,000 in July 2023. For fully verified and exact sale figures, a manual lookup through the site is required due to data source restrictions.
3. Is the assessed value in line with the neighborhood?
Yes, and it exceeds it. The $619k assessment is in the top 4% for River Park South, reflecting its above-average living space and elite-tier lot size.
4. What is the age and condition implication of a 1985 build?
Built in 1985, the home is around the average age for its street and neighborhood. This typically means well-established infrastructure and mature greenery, but buyers should factor in the potential for updates to original components like roofing, windows, or major systems.
5. How does the lot size impact property value and utility?
The lot is exceptionally large for the area, over twice the neighborhood average. This not only supports a higher assessed value but also offers uncommon utility for outdoor living, gardening, recreational space, or future additions, subject to local zoning.