Property Overview: 23 Karen Irvine Crescent, Winnipeg
Key Characteristics & Appeal
This 2017-built home in River Park South offers a modern living space within a well-established neighborhood. Its 2,030 sqft of living area is notably spacious, ranking in the top 10% for size both within the neighborhood and across Winnipeg. While the lot size is slightly smaller than others on its street, the home itself is a standout for its above-average interior space and contemporary build year, which places it in the top 1% of homes in River Park South.
The appeal lies in its balance of modern construction and generous square footage, providing a move-in-ready canvas without the premium often attached to brand-new builds. Its assessed value of $557k sits above the neighborhood and city averages, reflecting its desirable characteristics, yet remains around the average for its immediate street. This suggests a property that offers good value within its specific micro-market, providing modern amenities and space without being the most expensive home on the block.
This home would suit buyers prioritizing a modern, low-maintenance build with ample indoor living area over a large yard. It’s an ideal fit for growing families or professionals seeking space and contemporary comforts in a mature suburban community. The data indicates it offers a "best-in-class" home for the neighborhood in terms of age and size, making it a strong candidate for someone looking to upgrade within the area.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold in late 2017 for an estimated $400k-$450k. Its current assessed value of $557k reflects market appreciation and is above both neighborhood and city averages, though it is around the middle of the pack for its own street.
2. Is the lot size a disadvantage?
The 4,829 sqft lot is below the street average but is typical for the wider River Park South area. It prioritizes a larger modern home footprint over extensive yard space, which suits buyers who prefer lower outdoor maintenance.
3. What does the "Elite" ranking for year built mean?
Built in 2017, this home is newer than 99% of comparable properties in River Park South and 95% city-wide. This suggests significantly newer major systems (roof, HVAC, windows) and modern building standards compared to most available homes in the market.
4. Who are the likely competing buyers?
Given its profile, competition would likely come from upsizing young families within the neighborhood and buyers moving from older Winnipeg areas seeking a modern, spacious home without venturing to the newest, peripheral suburbs.
5. How can I verify the exact historical sale price?
The provided sold price is an estimated range from public data. For fully verified and 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 rules.