Property Overview: 66 Michaud Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a compelling blend of space, modernity, and established value. Built in 2008, it is notably newer than most homes in Winnipeg and its immediate neighborhood, suggesting potentially lower maintenance needs and more contemporary building standards. With 1,855 sqft of living area, it offers above-average space for both the neighborhood and the city, providing ample room for family living.
The home’s primary appeal lies in its strong, consistent positioning in the market. Its assessed value and living area consistently rank in the top 15-20% when compared to the broader city and neighborhood, indicating a property that has held its worth. However, the lot size is slightly more compact than others on the same street, a trade-off for a newer home in a developed area. Recent sale history shows significant value appreciation between 2021 and 2022.
This property would suit buyers looking for a move-in ready, modern home in a mature suburban neighborhood, who prioritize interior space over a very large yard. It’s ideal for professionals or growing families seeking a home that outperforms city averages in terms of size and assessed value, within a community of similar, well-maintained properties.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the home itself is spacious, the land area is somewhat smaller than the average lot on Michaud Crescent. This could mean a more manageable yard with less maintenance, but may offer less private outdoor space or expansion potential compared to some direct neighbors.
2. What does the sale history from 2021 and 2022 indicate?
The property sold for between $550k-$600k in mid-2021 and then for $700k-$750k just a year later in mid-2022. This indicates a period of very rapid appreciation. It’s important to request the exact sold prices and consult with a local agent to understand current market conditions relative to those dates.
3. The home is newer than most—what are the implications?
Built in 2008, the home is significantly newer than the Winnipeg city average (1966) and the neighborhood average (1990). This typically suggests systems like roofing, windows, and major appliances may be younger and more efficient, but a specific inspection is still essential to verify condition.
4. How does its value compare to nearby homes?
The home’s assessed value is above the neighborhood average and ranks highly city-wide. On its own street, it sits just above the average assessed value, indicating it is priced in line with or slightly above its most immediate peers, which are also primarily newer homes built around the same time.
5. Where can I get verified sale price data for this home?
The site notes that its sold price data is from public sources, not the MLS. For fully verified and exact transaction history, you must request a manual lookup via email from the service provider, as MLS rules prevent the direct display of that data here.