Property Overview: 23 Hackmore Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This well-established home on Hackmore Crescent presents a solid, above-average offering in Winnipeg's River Park South neighborhood. Built in 1989, its 1,578 sqft living area is very typical for its immediate street and area, but ranks above average when compared to the entire city, indicating a comfortable size. The lot of just over 5,300 sqft provides standard suburban outdoor space.
The primary appeal lies in its strong and consistent value positioning. With an assessed value of $497,000, it sits above average at the street, neighborhood, and city-wide levels. This suggests a home that has been maintained or valued in line with, or slightly ahead of, its peers. A key data point is its sale in August 2023 within the $450,000-$500,000 range, which was in the top 21% of city-wide sale prices at the time, reinforcing its desirability.
This property would suit practical buyers looking for a move-in ready home in a mature neighborhood without extreme outliers in size or price. It’s ideal for someone who values stability—a home that performs consistently well against local benchmarks rather than being the newest or largest. It also appeals to data-informed buyers who can appreciate its steady, above-average metrics across multiple scales, from its street to the wider city.
Frequently Asked Questions
1. How does this home’s size and value really compare to its neighbors?
The home is very aligned with its immediate street in terms of living space and lot size. Its assessed value, however, is in the top 14% on Hackmore Crescent, indicating it is valued more highly than most direct neighbors, which is a positive sign of its condition or features.
2. What does the sale price from 2023 tell us?
The home sold for between $450,000 and $500,000 in August 2023. This price was in the top quarter of all Winnipeg sale prices at the time, showing strong market performance. The exact figure can be requested from the site via email.
3. Is the 1989 build date a concern?
The year built is average for the street and actually newer than the average Winnipeg home. This era of home is common in River Park South, meaning parts and repair expertise are readily available, and major systemic replacements (like roofing) may already be updated.
4. How does the lot size impact potential for expansion or landscaping?
At 5,304 sqft, the lot is standard for the area. It offers typical backyard space for a family but may have limitations for very large additions or pools compared to deeper lots. It’s a manageable size for maintenance.
5. Why are the city-wide rankings for living area and value stronger than the neighborhood rankings?
This highlights an interesting perspective: while the home is typical in River Park South, it stands out more when compared to all of Winnipeg. This suggests the neighborhood itself consists of relatively larger, higher-value homes, and this property holds its own within that context while being a notably above-average offering for the broader city market.