Property Overview: 98 Royal Park Crescent, Winnipeg
Key Characteristics & Appeal
This 1,828 sqft home, built in 1988 on a 6,086 sqft lot in Southland Park, presents a compelling value proposition defined by its context. Its assessed value of $482k sits below the averages for both its street and neighborhood, yet it is above the Winnipeg-wide average. This positioning suggests a well-sized home in an established area that may offer more space for your budget compared to the broader city market, while potentially representing a relative value within its own desirable crescent.
The home’s appeal lies in this balance. It suits buyers seeking the space and maturity of a late-80s build in a settled community, who are comfortable with a property that is modest relative to its immediate neighbors but stands out positively in the city landscape. It’s a practical choice for those who prioritize interior living area and a established location over having the largest lot or newest home on the block. A thoughtful perspective is that this could be an opportunity in a neighborhood where many homes are assessed higher, potentially offering a more accessible entry point into the area.
Frequently Asked Questions
1. Is this home a good value for the area?
The data suggests it could be. With an assessed value below the street and neighborhood averages, it may offer a cost-effective way to secure a home in Southland Park. However, value also depends on the property's condition, updates, and final sale price versus assessment.
2. How does the living space compare?
At 1,828 sqft, the living area is slightly above the neighborhood average and significantly above the Winnipeg average, providing ample space. It is, however, somewhat smaller than the typical home on Royal Park Crescent itself.
3. What does the lot size mean for privacy and outdoor space?
The lot is approximately 6,086 sqft, which is around the neighborhood average but smaller than many on its street. It should provide a good-sized yard, though homes on the crescent may have more generous lot sizes on average.
4. Why is there no sales history shown?
Due to industry data rules, detailed MLS sales history is not displayed on this platform. You can request exact historical sales figures manually via the provided email option on the original listing page.
5. The home was built in 1988. What should I consider?
A home of this age is likely to have seen updates. Key considerations would be the age and condition of major systems (roof, windows, HVAC), the potential for outdated materials (like original carpets or insulation), and the opportunity to customize without the constraints of a brand-new build.