Property Overview
104 Farnsworth Crescent is a spacious, modern family home in Winnipeg's River Park South neighborhood. Built in 2009, it stands out for its generous proportions, both in its living space and its lot size, offering a sense of established comfort and room to grow.
Key Characteristics, Appeal & Ideal Buyer
The primary appeal of this home lies in its above-average scale and its position within a desirable, modern neighborhood. With 2,421 square feet of living space, it ranks in the top 2% of homes in River Park South and the top 4% city-wide, offering significantly more room than typical Winnipeg houses. This is complemented by a large, private lot of over 10,000 square feet, which is in the top 3% for the neighborhood. The 2009 build date means major components are relatively new, likely requiring less immediate investment than older stock.
Its assessed value of $747K places it in the top 1% for the neighborhood and top 3% city-wide, signaling a premium property. A less obvious perspective is that while the home is above average for its own street in most metrics, it truly shines in the broader neighborhood and city context, offering elite-level space in a well-established, newer subdivision. This home would perfectly suit growing or multi-generational families seeking ample indoor and outdoor space without sacrificing modern construction. It also appeals to buyers looking for a home that statistically outperforms most of the market in terms of size and value, offering a long-term anchor in a mature area.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
While it's a strong performer on its own street, its advantages become more pronounced when viewed against the entire River Park South area and Winnipeg overall. It offers nearly 1,000 more square feet than the neighborhood average and sits on a lot nearly double the typical size for the area.
2. What does the assessed value tell us?
The $747K assessment is a formal valuation for tax purposes, not a market price. However, ranking in the top 1% for the neighborhood confirms this is a high-caliber property relative to its surroundings, which often correlates with strong market value.
3. The home sold in 2020. What can we infer from that?
The prior sale in the $650K-$700K range provides a historical benchmark. Given the general market movement and the home's elite rankings in size and lot, its current value would be informed by both that last sale and its standout characteristics.
4. Is the 2009 build date a significant advantage?
Yes. It places the home among the newer 12% of houses city-wide. This typically suggests more modern building standards, layouts, and systems, potentially reducing near-term repair costs compared to much older homes.
5. Who should request the exact sold price history?
Serious buyers who are moving toward making an offer should request the exact figures. The provided range is useful for initial comparison, but precise historical data is crucial for informed decision-making and crafting a competitive offer. This is done manually via email to ensure accuracy.