Property Overview: 50 Healy Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,684 sqft home, built in 1986 on a 5,706 sqft lot, presents a solid, above-average offering in Winnipeg’s River Park South neighborhood. Its primary appeal lies in its consistent performance across key metrics when compared locally and citywide. The living area is notably spacious, ranking in the top quarter of homes across the city. While its assessed value of $480k is around the average for its immediate street and neighborhood, it stands well above the Winnipeg average, suggesting a perceived value that holds up in a broader context.
The home suits buyers looking for a established property in a stable area without extreme outliers—it’s not the newest, largest, or most expensive on the block, but it reliably exceeds city norms. This makes it a pragmatic choice for those seeking space and value retention, rather than a standout fixer-upper or luxury purchase. A thoughtful perspective is that its "above average but not top-tier" rankings may indicate a lower-pressure environment for maintenance and upgrades compared to older city-wide stock or the newest neighborhood homes, offering a balance between modern convenience and established community character.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $400k-$450k in September 2024. This sale price range was below its $480k assessed value but ranked in the top third for the neighborhood and top quarter city-wide, indicating a strong sale relative to the broader market.
2. Is the living space considered large for the area?
Yes. With 1,684 sqft, it ranks above average for its street, neighborhood, and significantly above the Winnipeg average, placing it in the top 22-29% for living area in each comparison.
3. How does the lot size compare?
The 5,706 sqft lot is slightly above average for the River Park South neighborhood but is around average when compared to the street and to the city as a whole.
4. What does the year built (1986) mean for potential updates?
Built in 1986, the home is of a typical vintage for its street and neighborhood. Buyers should anticipate updates common for homes of this era, but it is newer than the average Winnipeg home.
5. How can I get the exact sold price?
The exact sale figure is not publicly displayed due to industry rules. You can request it by email from the site; they will provide a manual lookup without using your email for marketing.