55 Karen Irvine Crescent

Property Overview: 55 Karen Irvine Crescent, Winnipeg

Key Characteristics & Buyer Appeal

This 2,316 sqft home, built in 2018, presents a compelling blend of modern living and established value in the River Park South neighborhood. Its primary appeal lies in its spacious, above-average interior footprint, which ranks in the top 3% of its neighborhood and top 5% city-wide, offering significant room for families. The 2018 build date means it is a relatively new property with likely fewer immediate maintenance concerns compared to Winnipeg's older housing stock, ranking in the top 1% for year built in River Park South.

The assessed value of $602k sits above the city and neighborhood averages, positioning it as a premium home within a desirable area. Interestingly, while the house itself is large and modern, the lot size is more modest compared to the street average, suggesting a efficient use of land that prioritizes living space over extensive yard maintenance. This property would best suit growing families or professionals seeking a move-in ready, spacious home in a mature southeast Winnipeg community, who value modern construction and are less concerned with having the largest lot on the block. It offers a balance of newer-home amenities within a well-established area.

Frequently Asked Questions

1. How does the lot size impact the property?
The land area is smaller than the average lot on Karen Irvine Crescent. This typically translates to less exterior maintenance but may limit expansion possibilities or private outdoor space compared to some direct neighbors.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a useful benchmark. However, market conditions, the home's specific condition, and recent upgrades will ultimately determine the sale price. It's noteworthy that the assessed value is above average for both the neighborhood and the city.

3. What does the 2019 sale history indicate?
The home was previously sold in early 2019. The provided price range suggests significant equity growth since that last sale, reflecting strong market appreciation for modern homes in this area over the past several years.

4. How does this home compare to others nearby?
The home stands out for its combination of new construction and large living area. Nearby reference properties show that similarly valued homes in the area can vary significantly in age and size, making this one of the newest and largest in its immediate comparison set.

5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed publicly due to data source rules. They offer a manual lookup service where you can request the full transaction history and exact figures via email, which they will provide without using your contact information for marketing.