Property Overview: 59 Orford Crescent, River Park South, Winnipeg
Key Characteristics & Appeal
This well-situated home at 59 Orford Crescent presents a solid, above-average offering in Winnipeg’s River Park South neighborhood. Built in 2002, it is newer than most homes in the city and sits on a standard lot with a practical, family-sized layout of 1,600 sqft. Its primary appeal lies in its strong positional value: while the home’s size is typical for its immediate street and area, it ranks notably above average for both assessed value and modernity when viewed across the wider city. This suggests a property in a stable, established area that has appreciated well.
The data indicates it would suit a buyer looking for a move-in ready home in a mature suburb, who values a newer build (post-2000) without the premium of a brand-new construction. It’s a pragmatic choice for professionals or growing families seeking space and a sound investment in a community with consistent property values. A thoughtful perspective is that this home represents a "middle ground"—it doesn’t lead its immediate block in size, but its assessed value is in the top quarter on the street, hinting at good upkeep, desirable positioning on the crescent, or favorable finishes that are recognized in its valuation.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The property last sold in July 2021 for an estimated $600k-$650k, a price that placed it in the top 4% for the neighborhood and top 6% city-wide at that time. Its current assessed value of $548k continues to trend above area and city averages.
2. Is the living space larger or smaller than nearby homes?
At 1,600 sqft, the living area is very close to the neighborhood average (1,410 sqft) and is actually above the Winnipeg city average. On its own street, it is slightly below the direct average of 1,673 sqft, ranking it in the middle of the pack.
3. What does the "Above Average" assessed value ranking mean?
The home’s assessed value ($548k) is higher than the typical home in Winnipeg, River Park South, and even on Orford Crescent itself. This means it is formally valued in the top 25% on its street, top 16% in the area, and top 13% city-wide for comparable properties, indicating strong market positioning.
4. How can I get the exact historical sold price?
The site provides sold price ranges publicly. Due to industry data rules, exact MLS sold figures are not displayed online. You can request the exact sale history via email from the site’s team for verified figures.
5. The home was built in 2002. Is that considered old for this area?
No, it’s notably newer. The average build year on the street is 1999, in River Park South is 1990, and city-wide is 1966. Ranking in the top 17-23% across these scopes, this 2002 build is a relative advantage, suggesting modern construction standards and likely younger major systems.