Property Overview: 63 Charing Cross Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1979, presents a practical and affordable entry point into Winnipeg's established River Park South neighborhood. Its key appeal lies in its relative value and stability. With an assessed value of $361k, it sits below the neighborhood average, potentially offering more square footage for your dollar compared to newer builds in the area. The lot size is manageable at just over 4,200 sqft, requiring less maintenance than larger plots.
The home suits first-time buyers or downsizers seeking a straightforward, single-level living space in a mature community with proven resale history, as evidenced by its sale in 2020. Its characteristics suggest it’s not a standout luxury property, but a solid, average home for its street and city. A thoughtful perspective for a buyer is to see the older build date (1979) not just as a negative, but as an indicator of a well-established streetscape with mature trees and settled foundations, though it warrants a thorough inspection. The data shows you’re buying into a street where values are relatively consistent, which can mean less volatility and a predictable community feel.
Frequently Asked Questions
1. Is this house a good value compared to others nearby?
The assessed value is below the current averages for both its immediate street and the wider River Park South area, suggesting it may be priced more accessibly than many comparable homes, though final market value is determined by condition and market trends.
2. What does the living area of 1,040 sqft mean for a family?
This is a compact bungalow layout. It is suitable for a small family, a couple, or a single person. It ranks around average for its street but below the neighborhood average, indicating many nearby homes are larger, so buyers should ensure the floorplan meets their spatial needs.
3. How does the 1979 build year affect the property?
It places the home among the older properties in River Park South. This typically means potential upkeep considerations for original components like windows, roof, and mechanical systems, but also often comes with larger, mature lots compared to newer infill developments.
4. Can I find out the exact price it last sold for?
The site provides a sold price range (CA$300k–350k) for April 2020. To obtain the exact figure, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. What are the immediate neighbors like?
The listing shows several nearby properties on Charing Cross Crescent and Strand Circle, most built in the same late-1970s to early-1980s period with similar assessed values, indicating a neighborhood of consistent character and value.