Property Overview: 58 Stellarton Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern build quality and a spacious lot within Winnipeg's River Park South neighborhood. Built in 2013, it is one of the newest homes on its street, offering the benefits of contemporary construction standards and systems. With 1,370 sqft of living space, the interior size is typical for the area and city, but the property stands out for its larger-than-average 6,882 sqft lot, providing ample outdoor space for gardening, play, or expansion.
The appeal lies in its position as a well-maintained, newer home in an established neighborhood. Its assessed value of $525k is notably above average for both the neighborhood and the wider city, suggesting it is viewed as a premium property within its market segment. However, it's important to note the living area is smaller than most direct neighbors, indicating this home may prioritize lot size and modern quality over sheer interior square footage.
This property would suit buyers seeking a move-in ready, modern home without the uncertainties of an older build, who value private outdoor space. It’s ideal for small families, professionals, or downsizers looking for a manageable interior without sacrificing yard size. The above-average valuation means it likely appeals to those who prioritize long-term investment in a desirable area over finding a bargain.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to its neighbors?
While the living area (1,370 sqft) is slightly below the neighborhood average, it is the lot size that is a standout feature. The property sits on one of the larger parcels on the street, offering more outdoor privacy and potential than many surrounding homes.
2. What does the assessed value tell us?
The $525k assessment is significantly higher than Winnipeg and River Park South averages. This typically reflects factors like the newer construction year (2013), the desirable lot size, and overall property condition, signaling it is a higher-tier home within its locale.
3. When was it last sold, and for how much?
Public records indicate a sale between October 2017 for a price in the CA$350k–$400k range. For verified, exact historical sale figures, a manual records lookup is required.
4. Is the home a good value compared to the street?
This involves a trade-off. The home has a newer build and a larger lot than the street average, but also a smaller interior and a lower assessed value than the street's average. It represents a different profile—modern and land-rich versus larger and potentially more updated in interior space.
5. What are the less obvious considerations?
The data shows a interesting dynamic: this is a newer home on a street where the average home was also built in 2013, meaning the entire block is relatively modern. Its value ranks in the top 21% for the neighborhood, yet its living area is only average. This underscores that the premium is likely attached to the specific combination of its newness, lot size, and finishing quality, not its square footage. Buyers should consider if the layout and finishes efficiently use the space to match their needs.