Property Overview
This well-situated home at 53 Michaud Crescent in River Park South presents a practical and comfortable living option. Built in 2008, it is notably newer than many homes in its immediate area and across Winnipeg, suggesting modern construction standards and potentially lower near-term maintenance. The property sits on a generous 5,054 sqft lot and features a renovated basement and an attached garage. With 1,428 sqft of living space, it offers a balanced footprint for a growing family or those seeking single-level living. Its appeal lies in this combination of relative modernity, established neighbourhood amenities, and the value-add of a finished lower level. It would suit first-time buyers looking for a move-in-ready home in a mature community, or downsizers wanting a manageable one-storey layout without compromising on lot size or indoor space.
A thoughtful perspective is its "middle ground" positioning. It isn't the largest or smallest home on the street, but its newer build date provides a distinct advantage over many direct comparables. The renovated basement immediately adds functional space without the need for a future project. This home is for the buyer who values a quiet, established neighbourhood but prefers the benefits of a 21st-century build.
Frequently Asked Questions
How does this home's age compare to others nearby?
At 18 years old (built in 2008), this home is significantly newer than most in the area. It ranks in the top 6% for year built on its own street and the top 15% citywide, meaning you're getting one of the newer properties in a mature neighbourhood.
Is the lot size typical for the area?
Yes. The 5,054 sqft lot is above average, ranking in the top 26% on Michaud Crescent. It offers ample outdoor space compared to many properties, which is a valuable asset in an established community.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent, as it could range from a basic rec room to include additional bedrooms or a legal suite.
How does the assessed value relate to the last sale price?
The home was last sold in July 2021 for $46.70k and is now assessed at $51.70k. It's important to discuss current market conditions with your agent, as assessed value is for municipal tax purposes and the sale price will be determined by the present market.
What is the neighbourhood like for families?
River Park South is a long-established, family-oriented neighbourhood in Winnipeg. It typically offers a mix of residential streets, local parks, schools, and convenient access to major routes and amenities, contributing to its consistent popularity.