Property Overview: 31 Cummings Crescent, Winnipeg
Key Characteristics & Appeal
This 1,377 sqft home in River Park South, built in 1992, presents a solid, middle-ground opportunity in the Winnipeg market. Its appeal lies in its balance and established context. While the living space is slightly more compact than others on its street, the home is newer than most in the city and sits on a standard neighborhood lot. The assessed value of $484k tells an interesting story: it's above the Winnipeg average, indicating a perceived quality or location premium, yet it is modest relative to its immediate street, where values are higher. This creates a potential value proposition—you're buying into a desirable, mature street with larger, higher-value homes, but at a more accessible entry point.
The property would suit pragmatic buyers looking for a well-located, turn-key home in a mature suburb without the premium for the largest floor plans. It’s a sensible choice for first-time move-up buyers, small families, or downsizers who want space but not excess. The data suggests a home that doesn’t stand out for size or lot but holds its own through its age and the inherent stability of its surroundings.
Frequently Asked Questions
1. Is this house smaller than others on the street?
Yes. At 1,377 sqft, the living area is below the street average of 1,640 sqft. However, it is close to the neighborhood and city averages, indicating it's a standard size for Winnipeg, just on a street with some larger homes.
2. Why is the assessed value higher than the city average if the house is average in size?
The assessed value of $484k is above the Winnipeg average of $390.1k. This premium is likely due to a combination of the home's relatively newer build year (1992), its specific location in River Park South, and the overall higher property values on Cummings Crescent.
3. How does the lot size compare?
The lot is 4,809 sqft, which is smaller than most on the street but typical for the River Park South neighborhood. It provides standard suburban outdoor space without being oversized.
4. What was the recent sale history?
The home sold in July 2023 for a price between $500,000 and $550,000. This sale price placed it in the top 25% of sales on its street and the top 13% for the area and city at that time.
5. How can I verify the exact past sale price?
The website provides sold price ranges based on public data. To obtain the exact, verified sale figure, you must request a manual lookup via email from the site administrators, as they do not display MLS records directly.