Property Overview: 67 Pately Crescent, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home in River Park South presents a compelling blend of space, value, and location. Built in 1984, its 1,670 sqft living area is notably above average for Winnipeg and the neighborhood, offering ample room for a growing family or those seeking extra space. The property stands out on its own street, ranking in the top tier for both its assessed value ($486k) and year built among comparable homes, suggesting it is a well-regarded and maintained home in its immediate vicinity.
The appeal lies in its proven, stable community setting. The data indicates you are purchasing a home that outperforms most of the city in terms of size and value, while being on par with the neighborhood on key metrics—a sign of a good fit within a desirable area. It would suit buyers looking for a move-in ready, spacious family home in a mature neighborhood without venturing into the premium price brackets of newer developments. A thoughtful perspective is that its strong "street-level" rankings may offer a greater sense of pride and investment security than its broader area rankings alone suggest, as immediate surroundings heavily influence daily living and future resale.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $486k is for municipal tax purposes and is a historical estimate. It serves as a useful benchmark, showing this home is valued in the top 4% on its street. However, the actual market price will be determined by current conditions, the home's specific state, and buyer competition.
2. The home was last sold in 2016. What does that indicate?
A nine-year ownership period suggests the sellers were settled and likely invested in maintenance and updates. It’s a positive indicator of neighborhood stability compared to a frequently flipped property.
3. Is the lot size a pro or a con?
At 5,101 sqft, the lot is above average for Pately Crescent but slightly below the neighborhood average. This means you likely have a very good yard for the street, with manageable upkeep, but not an exceptionally large lot for River Park South.
4. How does the living area compare to nearby similar-valued homes?
This home has significantly more living space (1,670 sqft) than several nearby references with similar assessed values, which are often in the 1,000-1,500 sqft range. This indicates you may be getting more square footage for your dollar with this property.
5. Where can I get verified historical sale data?
The provided sold price range from 2016 is from public data. For a complete and verified transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.