Property Overview
This well-situated home at 50 Stellarton Crescent in Winnipeg's River Park South neighborhood presents a compelling blend of modern construction and established community appeal. Built in 2013, it is notably newer than most homes in the wider area. With 1,723 sqft of living space, it sits comfortably above the neighborhood and city averages, offering more room than many comparable properties. The lot size of 6,887 sqft is also generous for the area, providing ample outdoor space.
Its primary appeal lies in its position as a modern, move-in-ready home within a mature suburb. Buyers gain the benefits of a newer build—likely with updated systems and less immediate maintenance—while enjoying the settled feel of River Park South. The consistent above-average rankings for value and size against neighborhood and city benchmarks suggest a solid, premium offering within its immediate context.
This property would suit buyers looking for a spacious family home without the unpredictability of an older property. It’s ideal for those who want a balance of modern amenities and a established community, and who value a larger lot for privacy, gardening, or outdoor activities.
Frequently Asked Questions
How does this home’s size compare to others nearby?
At 1,723 sqft, the living area is above the average for both the River Park South neighborhood (1,410 sqft) and the city of Winnipeg (1,342 sqft). On its own street, it is close to the average, meaning it fits right in with the scale of homes on Stellarton Crescent.
Is the assessed value in line with the area?
The assessed value of $561k is above the neighborhood and city averages. It ranks in the top 12% for River Park South and the top 11% city-wide, indicating it is considered a higher-value home for the area, which is consistent with its newer build year and larger lot.
What does the sale history indicate about the property’s market?
The home has sold three times since 2016, with each sale price ranking in a higher percentile tier city-wide than the last. This trajectory suggests the property has appreciated well relative to the broader market over time.
How does the lot size impact the property?
The lot of 6,887 sqft is larger than most in River Park South, ranking in the top 13% for the neighborhood. This is a significant feature, offering more yard space than many newer suburban homes and contributing to the property's above-average assessed value.
Why is the "year built" ranking so high?
Built in 2013, this home is newer than approximately 96% of comparable properties in River Park South and 91% city-wide. This is a key differentiator, implying potentially lower maintenance costs and more contemporary building standards compared to the predominantly 1990s-and-earlier housing stock in the area.