Property Overview: 47 Karen Irvine Crescent, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of space, modernity, and established value in Winnipeg's River Park South neighborhood. Built in 2019, it is a notably newer property compared to most homes in the area and across the city. Its primary appeal lies in its generous proportions: at over 2,140 square feet, the living area is significantly larger than neighborhood and city averages, and it sits on a substantial lot that is well above the norm for its street. The assessed value of $655,000 reflects its elite standing, ranking in the top 5% city-wide and top 2% within River Park South.
This property would best suit buyers looking for a move-in ready, modern home without sacrificing yard space—a combination that can be rare in newer subdivisions. It appeals to those who value a strong investment profile, as its metrics consistently outperform local benchmarks. The data suggests it’s a home for someone seeking above-average room to grow, in a neighborhood where it stands out for its recent construction and premium valuation.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in June 2019 for a price between $500,000 and $550,000. Its current assessed value of $655,000 indicates significant appreciation, reflecting market trends and the property's desirable characteristics.
2. Is the lot size typical for the area?
No, the lot is a key feature. At over 8,300 square feet, it is substantially larger than the average lot on Karen Irvine Crescent and in the wider River Park South neighborhood, offering more outdoor space than most comparable properties.
3. What does the "Elite" ranking for assessed value mean?
This ranking indicates the home’s assessed value is higher than 95% of comparable properties across Winnipeg and 98% within River Park South. It signals a premium market position, often associated with newer builds, larger size, and desirable locations.
4. Are there many other homes this new in the neighborhood?
Very few. With a 2019 build year, this home is newer than 99% of properties in River Park South, where the average home was built around 1990. It offers modern construction and systems in an established community.
5. Where can I verify the exact historical sale price?
The provided sale price is an estimate from public data. For fully verified and exact sale figures, you must request a manual lookup from the site, which they will provide via email, as MLS records are not displayed directly.