Property Overview: 213 Charing Cross Crescent, River Park South
Key Characteristics & Appeal
This 1980-built home in River Park South presents a solid, mid-sized family option with a clear value proposition. At 1,120 sqft, its living space is consistently "around average" when compared to similar homes on its street, in the neighborhood, and across Winnipeg. The standout metric is its assessed value of $420k, which ranks in the top 9% on its street, suggesting it is viewed as a higher-quality home within its immediate row of comparable properties. This indicates good upkeep and potential above-average finishes for the area.
The home’s appeal lies in its established location and efficient footprint. It suits first-time buyers or downsizers looking for a manageable space in a mature neighborhood without the premium of a newer build. The lot, at 3,800 sqft, is notably smaller than area averages, which translates to less yard maintenance—a perk for some, but a limitation for those wanting expansive outdoor space. Recent sale history shows significant appreciation between 2019 and 2022, pointing to a strong investment trajectory in this specific pocket of River Park South.
A thoughtful perspective: while the home is older than many in the broader neighborhood, its value ranking on the street suggests it has aged well relative to its direct peers. Buyers get the stability of an established community with the benefit of a home that has historically outperformed its closest neighbors in assessed value.
Frequently Asked Questions
1. How does the smaller lot size impact daily living?
While below area averages, the 3,800 sqft lot requires less maintenance. It may limit large garden projects or extensive outdoor entertaining space but is often sufficient for a patio, play area, or shed.
2. The home sold in 2022 for between $450k-$500k. Why is the assessed value now $420k?
Assessed value for property tax purposes is an administrative valuation and often lags behind current market sale prices. The 2022 sale price is likely a more accurate reflection of its recent market value.
3. The home is older than many in River Park South. Should I be concerned?
Built in 1980, it's on par with its street but older than the neighborhood average (1990). This isn't unusual for the area. The key consideration is the home's specific condition, updates, and systems (roof, furnace, windows), which its strong assessed value on the street hints have been maintained.
4. Who are the typical neighbors?
The consistent year-built data (early 1980s) and home sizes on Charing Cross Crescent suggest a street of long-term residents and young families in similar, established homes, creating a stable community feel.
5. How can I verify the exact past sale prices?
The site provides estimated price ranges. Due to industry regulations, exact sale figures are not published online here. You can request the full, verified transaction history directly via email through the provided site function.