Property Overview: 47 Sandalwood Crescent, Rivergrove, Winnipeg
Key Characteristics & Appeal
This 1,851 sqft home, built in 1987, presents a compelling blend of established character and standout utility. Its primary appeal lies in its exceptional lot size—over 12,000 sqft—which ranks in the top 5% of the Rivergrove neighborhood and top 4% city-wide. This generous outdoor space is a rare find, offering significant potential for gardening, recreation, or expansion. The home itself is above average in size for both its street and the wider Winnipeg market, providing ample living space.
The property’s assessed value of $560k is the highest on Sandalwood Crescent, indicating its premium standing in the immediate area. While the home’s age is typical for the street, it is older than many in the broader Rivergrove area, suggesting a well-established streetscape. The last known sale was between $500k-$550k in late 2021.
This home would best suit buyers who prioritize land over a brand-new build. It’s ideal for those seeking a large, private yard in a mature neighborhood, or for value-conscious purchasers willing to potentially update an older interior to customize a home on a premier lot. It’s less suited for buyers seeking a modern, turn-key property or the newest construction in the area.
Frequently Asked Questions
1. How does the lot size truly compare?
The 12,011 sqft lot is exceptionally large. It’s nearly double the average for Sandalwood Crescent and significantly larger than typical lots in both Rivergrove and Winnipeg overall, offering uncommon outdoor space.
2. The assessed value is the highest on the street. Does that mean it’s overvalued?
Not necessarily. The high assessment reflects its combination of above-average living area and the elite lot size, which are key value drivers. It confirms the property is considered a premium offering on its street.
3. The home was built in 1987. What should I consider?
While the build year is average for the street, it is older than many homes in the wider Rivergrove area. A thorough inspection is advisable to understand the condition of major aging components like the roof, windows, and mechanical systems.
4. What can the 2021 sale price range tell me?
The sale price of CA$500k–550k provides a recent market benchmark. Comparing it to the current $560k assessment can help gauge market movement, but obtaining the exact sale price is recommended for precise analysis.
5. How do I get the exact historical sale prices and verified data?
The site notes that full transaction histories and exact figures are not displayed publicly due to data source rules. You must request this information directly via email for a manual lookup, which they provide without using your contact for marketing.