Property Overview
This home at 152 Farnsworth Crescent in Winnipeg's River Park South neighborhood presents a compelling blend of space, modernity, and value within its context. Built in 2008, it offers over 2,290 square feet of living area, which places it among the larger homes in the city and makes it an elite offering within its own neighborhood. Its assessed value of $611,000 is above the citywide average but sits just below the average for its own street, suggesting a potentially efficient purchase price for the square footage offered. The lot size is generous for the area, providing ample outdoor space.
The appeal lies in acquiring a spacious, modern family home in a well-established neighborhood without the premium often attached to newer builds. It suits buyers looking for move-in-ready space who prioritize interior square footage over having the largest lot on the block. It’s a practical choice for growing families or those who value room to grow, offering more home for the dollar compared to many citywide and neighborhood alternatives. A thoughtful perspective is that while the home is average on its own street, it stands out significantly when viewed in the broader community, offering a "big fish in a big pond" feel rather than a standout on a street of similar properties.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is slightly below the average for Farnsworth Crescent itself but ranks in the top 5% for the wider River Park South neighborhood. This indicates you are getting a home of significant size and value for the area, potentially at a more accessible point than some direct neighbors.
2. Is the lot size typical for the area?
At just under 5,800 square feet, the lot is above the neighborhood average but smaller than the average lot on Farnsworth Crescent. This means you have a very good-sized yard for River Park South, though some lots on the same street are larger.
3. When was it last sold, and for how much?
Public records indicate a sale between late 2016 and early 2017, with a sold price in the range of $450,000 to $500,000. For verified, exact historical sale figures, a manual records lookup is required.
4. What does the "Elite" ranking for living area mean?
This ranking means the home’s interior square footage places it in the top 3% of comparable homes in River Park South and the top 5% citywide. It is a genuinely spacious property relative to most homes in Winnipeg.
5. Are there many other homes from the same era nearby?
Yes. The home was built in 2008, which is typical for its street and newer than most homes in both the neighborhood and the city overall. This suggests a cluster of well-built, modern homes with similar construction eras and potentially fewer major immediate repair concerns compared to older areas.