Property Overview: 63 Orford Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This 2002-built home on a standard-sized lot offers a balanced, above-average proposition for its neighborhood and the wider city. With 1,632 sqft of living space, it provides more room than most Winnipeg homes and sits comfortably among the larger homes in the established River Park South area. Its assessed value of $534k reflects this positioning, ranking well above neighborhood and city averages, suggesting a perception of solid quality and desirability.
The appeal lies in its statistical reliability rather than standout extremes. It’s a home that consistently performs "above average" when compared to its broader surroundings, offering a sense of security for buyers who prioritize a proven, stable investment in a mature neighborhood. It would particularly suit pragmatic buyers—growing families or professionals—seeking a spacious, modern-enough home without venturing into premium or custom-built price tiers. The data indicates a property that has likely kept pace with area appreciation, as seen in its sold price increases from 2019 to 2020, making it a sensible choice for those valuing steady market performance over flashier, less predictable options.
Frequently Asked Questions
1. How does this home truly compare to others on the street?
While its size and assessed value are very close to the street average, it is newer than most, being built in 2002 compared to the street's average build year of 1999. This suggests potentially lower immediate maintenance costs relative to its direct neighbors.
2. What does the assessed value ranking tell me about the property?
The assessment ranks in the top 15% city-wide, which is significantly stronger than its size ranking (top 24%). This often indicates factors beyond raw square footage—like finishes, layout, or lot appeal—are contributing to its value.
3. Are the sold prices from 2019 and 2020 relevant today?
They provide a trend line, showing the home increased in value between those two sales. However, as historical data, they are a starting point for understanding past performance and should be contextualized with a current market evaluation.
4. The lot size is noted as "around average" city-wide. Is that a drawback?
Not necessarily. The lot is consistent with the neighborhood standard. In established, family-oriented areas like River Park South, a standard lot size is typical and often means a good balance between yard space and low-maintenance living.
5. How can I verify the exact past sold prices?
The site notes that due to industry rules, exact MLS sold prices are not displayed publicly. You can request the exact figures via email from the provider, who will manually look them up and send them to you.