Property Overview: 63 Shalimar Crescent, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1993-built home in Riverbend offers a balanced, established proposition. With 1,158 sqft of living space, it sits slightly below the street average but aligns closely with neighborhood and city-wide averages for comparable homes, representing a manageable size. Its primary appeal lies in its generous 5,792 sqft lot, which is notably larger than most on the street and in Riverbend, offering valuable outdoor space and potential. The assessed value of $426k is consistent with the immediate street but positions the property above the city-wide average, suggesting a stable, in-demand location.
The home suits practical buyers looking for a solid foundation in a mature neighborhood. It’s ideal for someone who values a larger yard over above-average interior square footage and appreciates a home from the early 90s, which often balances modern fundamentals with simpler upkeep. The data indicates a history of steady value appreciation, making it a sensible choice for those seeking a predictable, long-term holding in Winnipeg’s residential market.
Frequently Asked Questions
How does the lot size compare to nearby properties?
The lot is a standout feature. At 5,792 sqft, it ranks in the top 22% on Shalimar Crescent and the top 21% in the Riverbend neighborhood, offering more outdoor space than most comparable homes in the area.
Is the home’s assessed value typical for the area?
Yes. The $426k assessment is very close to the street average of $430.5k and sits above the Winnipeg average for similar homes. This suggests the valuation is in line with its immediate surroundings and reflects the broader desirability of the location.
What does the sale history indicate about the property’s value?
The home sold in June 2023 for an estimated $450k-$500k, which placed it in the top 25% of sales on the street at that time. This recent sale at a premium to the current assessed value points to strong market demand for the property.
How does the living area compare?
At 1,158 sqft, the living space is moderately sized. It is below the average for Shalimar Crescent itself but is very close to the Riverbend neighborhood average and only slightly below the Winnipeg average for comparable homes.
Where can I get verified, exact sold price data for this home?
The public data shown is presented in ranges. To obtain the exact historical sold prices, you must request a manual lookup via email through the site. This is due to industry rules that prevent the display of MLS-sourced sold records directly on the platform.