Property Overview
This home at 10 Orford Crescent in Winnipeg's River Park South neighborhood presents a solid, above-average offering in a mature suburban setting. Built in 2000, it sits comfortably among well-established homes and offers a practical layout with 1,573 sqft of living space on a 5,629 sqft lot. Its appeal lies in its proven stability and strong positional value within the broader market. While it may be a typical home for its immediate street, its assessed value of $558k consistently places it in the top tiers for the neighborhood and city, suggesting a premium for its specific location and condition. It last sold in August 2023 for an estimated $600k-$650k.
Key Characteristics & Target Buyer
The property’s key characteristic is its consistent above-average standing in assessed value when compared to its wider area and the entire city. It ranks in the top 13% of River Park South and the top 12% city-wide for value, indicating a perception of quality and desirability that outpaces many peers. Its living space is modest for the street but above the Winnipeg average, and it sits on a slightly larger-than-average lot for the area.
Its primary appeal is for buyers seeking a move-in ready home in a settled community without the unknowns of a brand-new build. It suits pragmatic buyers—perhaps growing families or professionals—who value space, stability, and a strong equity position over flashy features. A thoughtful perspective is that this home represents a "known quantity." Its 2000 build date means major systems are likely original but not yet at a critical replacement age, offering a window of predictable ownership before significant updates. It’s a home for someone content in a neighborhood that’s fully developed, where future value will be driven more by market trends and maintenance than by speculative growth.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, this property sold in August 2023 for an estimated $600,000 to $650,000. This sale price placed it in the top 5% for the River Park South area at that time, significantly above its current assessed value of $558k.
2. Is the living space considered large for Winnipeg?
Yes. With 1,573 sqft, the home’s living area is above the Winnipeg city-wide average of 1,342 sqft, placing it in the top 27% of comparable homes city-wide.
3. What does the assessed value ranking tell me?
The assessed value ranking shows how this home is viewed relative to others for tax purposes. Ranking in the top 12% city-wide and top 13% in the neighborhood suggests it is considered a higher-value property within its peer group, which can be a marker of desirability and condition.
4. How can I find out the exact historical sale price?
The site provides sold price ranges for general reference. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup by email, as this data is not sourced from the MLS.
5. The home was built in 2000. What should I consider?
A home built in 2000 is past its initial warranty period but is still considered modern in Winnipeg’s context, where the average comparable home was built in 1966. Key components like the roof, major appliances, and the HVAC system are likely approaching or are within their typical lifespan, so a thorough inspection is recommended to anticipate near-term maintenance.