Property Overview: 151 Willowbend Crescent, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home on Willowbend Crescent presents a solid, middle-ground offering in Winnipeg’s River Park South neighborhood. Built in 1983, its key appeal lies in its consistency and established context. The 1,441 sqft living area and 5,169 sqft lot are both very close to the averages for both the street and the wider area, meaning it fits seamlessly into the community fabric without standing out as unusually large or small. Its assessed value of $410k is similarly aligned with local norms.
A less obvious point of strength is the home’s age relative to its immediate street. While 1983 is typical for the area, it ranks in the top 4% on Willowbend Crescent itself, indicating it is one of the newer homes on the block. This can suggest potentially fewer immediate concerns with outdated major systems compared to older neighbors. The property last sold in June 2023 for an estimated $450k-$500k, a price point that performed well against market averages at the time.
This home would best suit practical buyers looking for a move-in-ready property in a stable, mature neighborhood. It’s ideal for those who value community consistency over standout luxury or fixer-upper projects. It represents a sensible choice for growing families or downsizers seeking a manageable space without the premium of a brand-new build or the unpredictability of an older home.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it is consistently "around average" for living space, lot size, and value within River Park South. Its most notable comparative advantage is being one of the newer homes on its specific street.
2. What does the sold price range from 2023 tell me?
The prior sale in the $450k-$500k range placed it in the top 19-24% for sale prices on its street and in the neighborhood at that time. This indicates it was a competitive, desirable property in the recent market.
3. Is the assessed value a reliable indicator of the listing or sale price?
The $410k assessment is a municipal valuation for tax purposes, not a market appraisal. It is very close to the street average. Market conditions, property updates, and seller motivation will ultimately determine the listing price, which may differ.
4. Are there any red flags in the data?
There are no obvious red flags. The metrics depict a typical home for the area. As with any property, a professional inspection is essential to verify the condition of a home built in the 1980s, regardless of its ranking on the street.
5. Where can I get verified historical sale data?
The provided sold price is from public records. For a complete, verified transaction history and exact sale figures, you must request a manual lookup from the site, as they do not display proprietary MLS data.