Property Overview: 66 Pately Crescent, Winnipeg
Key Characteristics & Appeal
This 1,098 sqft bungalow in River Park South presents a straightforward, middle-of-the-road offering with a few distinct advantages. Built in 1984, its construction date is notably newer than most comparable homes on its street, ranking in the top 4%. This suggests potentially fewer age-related issues than neighboring properties. The home’s assessed value of $414k sits comfortably around the average for the immediate area and street, indicating a stable, established value without premium pricing.
The appeal here is one of practicality and value consistency rather than standout size or luxury. The living space is modest but in line with area norms, making it a manageable layout for smaller households. Its lot size is below average for the neighborhood, which could mean less yard maintenance—a plus for some buyers. This property would suit first-time buyers, downsizers, or investors seeking a turnkey home in a mature suburb without unexpected valuation spikes. It’s a home for those who prioritize a newer build year within an established community over having expansive square footage or a large yard.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home has sold three times since 2016, each time within the $300k-$350k range. Its current assessed value of $414k is higher, reflecting market changes and the assessed value process, which differs from actual sale prices.
2. Is the lot size a significant drawback?
The lot is smaller than most on the street and in River Park South. This means less private outdoor space but also translates to lower maintenance. For buyers seeking a low-maintenance yard, it could be a practical fit.
3. What does the “elite” ranking for year built actually mean?
It simply means this home (1984) is newer than 96% of comparable homes on Pately Crescent, where the average build year is also 1984. It indicates a relatively uniform age for homes on the block, with this one being at the newer end of that cluster.
4. Are the sold price figures shown exact?
No. The publicly available data shows price ranges. To obtain verified, exact sale prices and a full transaction history, a manual lookup through the site’s service is required.
5. What might the below-average land area mean for future value?
While larger lots often hold a premium, this factor appears already reflected in its current assessment. In a stable neighborhood, the impact may be consistent over time. The newer build year could help balance the smaller lot size in terms of overall appeal.