Property Overview: 15 Highgate Crescent, Winnipeg
Key Characteristics & Appeal
This well-situated home in River Park South presents a solid, above-average offering for its size and value within the wider Winnipeg market. Built in 1983, it is newer than most city homes and offers a living space of 1,670 sqft, which ranks comfortably above both neighborhood and city averages. The assessed value of $461k is notably above the citywide benchmark, yet aligns closely with averages for its immediate street and area, suggesting it is priced consistently within a desirable locale.
The appeal lies in its balance. It provides more interior space than many comparable homes without venturing into a premium price tier exclusive to its immediate surroundings. The lot size, while slightly below the street average, is typical for the neighborhood. This profile suits practical buyers looking for a move-in-ready home in an established area, who prioritize space and value retention over a massive yard or a brand-new build. It’s a strong candidate for growing families or professionals seeking a comfortable, long-term home without the unpredictability of a newer subdivision or the upkeep challenges of an older property.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in February 2025 for an estimated $550k-$600k. This sold price ranked in the top 9-14% of its area, indicating it likely sold for a premium above its $461k assessed value, reflecting strong market demand.
2. Is the living space considered large for the area?
Yes. With 1,670 sqft, this home offers more living area than approximately 73% of similar homes in River Park South and 78% of those across Winnipeg, making it a spaciously sized option.
3. What does the year built tell us about the property?
Built in 1983, the home is newer than about 69% of comparable Winnipeg homes. This often suggests modernized building standards and potentially fewer major system replacements (like roofing or windows) compared to much older stock, though specific condition should be verified.
4. How does the lot size impact the property?
The 5,498 sqft lot is slightly below the average for Highgate Crescent but is very close to the neighborhood average. It provides a standard suburban yard space—sufficient for gardening and recreation, but not an exceptionally large private footprint.
5. Where can I get the exact historical sold prices?
The provided sold price is an estimated range from public data. For fully verified, exact transaction figures, you must request a manual lookup from the site via email, as MLS sold records are not displayed here due to industry regulations.