Property Overview: 47 Highgate Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 47 Highgate Crescent in River Park South is a practical, entry-level property with a distinct profile. Built in 1984, it is actually one of the newer homes on its street. Its primary characteristic is its compact size, with a living area of 990 sqft that is below average for both the immediate street and the wider neighborhood. This is reflected in its assessed value of $378k, which sits below the local averages but is closer to the citywide norm.
The appeal here is grounded in affordability and efficiency. It represents a more accessible price point within a well-established neighborhood, making it a potential opportunity for first-time buyers or those looking to downsize without leaving the area. The lot size is fairly typical for the community, offering standard outdoor space. A thoughtful perspective is that while the home is smaller, its newer build year compared to the street average could suggest updated core systems or less immediate need for major repairs common in older homes. It suits buyers who prioritize location and a manageable footprint over sheer space, and who are comfortable with a home that may require personalization.
Section 2: Frequently Asked Questions
1. Is this the smallest home on the street?
Based on the available data, it is ranked 17 out of 17 for living area on Highgate Crescent, indicating it is indeed the smallest among comparable homes on the street.
2. How does the value compare to the rest of Winnipeg?
The assessed value is around the citywide average. While it's below average for the River Park South neighborhood, it offers a way to enter a desirable area at a price closer to the Winnipeg median.
3. Has the property's value increased?
The last recorded sale was in July 2023, in the $350k-$400k range. This appears consistent with the current $378k assessment, suggesting a stable market value in recent years.
4. What are the neighboring homes like?
The nearby comparisons show homes from the same era (early 1980s) but generally with more living space and, consequently, higher assessed values. This home is the compact option in a street of larger properties.
5. How can I get the exact past sale prices?
The site notes that due to industry rules, exact MLS sale figures are not displayed publicly. They offer a manual lookup service where you can request the exact transaction history via email.