Property Overview: 23 Pately Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This 1984-built home in River Park South stands out for its above-average size and generous lot. With 1,672 sqft of living space, it offers more room than most comparable homes in Winnipeg, and its 7,038 sqft lot is notably larger than others on its street. The property’s assessed value of $481k is well above the city average, reflecting its premium positioning within its immediate area. Its appeal lies in offering established neighborhood character with above-standard physical attributes—particularly the sizable yard—which is a relative rarity for homes from this era. It would suit buyers looking for a family home with room to grow outdoors, who value space over a brand-new build, and who appreciate a property that already holds a strong, above-average standing in terms of municipal assessment and lot size on its street.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the last known sale on Pately Crescent was in 2019, in the $400k-$450k range. The current assessed value of $481k suggests significant appreciation since then, positioning it in the top tier of homes on the street for value.
2. Is the larger lot a common feature in River Park South?
No, it’s a distinguishing feature. This lot is in the top 12% for size within the wider neighborhood and is the second-largest among the 52 comparable properties on Pately Crescent itself.
3. The home was built in 1984. Is that older than most in Winnipeg?
Actually, it’s newer than the average Winnipeg home (built ~1966). On its specific street, it’s considered “elite” in age, being one of the newest homes in the comparison group.
4. What might the above-average assessed value mean for property taxes?
A higher assessed value typically leads to a higher property tax bill. Buyers should factor this into their budgeting, as taxes will likely be higher than for an average-priced home in the city.
5. Where can I get verified, exact historical sale prices for this property?
The public data shown provides estimated price ranges. For fully verified and exact transaction figures, you must request a manual lookup from the site, which they provide via email due to industry data restrictions.