Property Overview: 161 Gobert Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 161 Gobert Crescent in River Park South is a well-positioned property that balances modern comforts with established neighborhood character. Built in 2000, its construction date is a standout feature, ranking it as the newest home on its street. This suggests updated building standards and likely less immediate need for major system replacements compared to older peers in the area.

With 1,414 sqft of living space, the home offers a practical, average-sized layout for the neighborhood, suitable for a small family, couple, or empty-nesters. Its assessed value of $454k sits above the Winnipeg average, reflecting the desirability of the area, but is modest relative to many immediate neighbors, which could present a value opportunity. The lot size is slightly smaller than others on the street, which may mean less yard maintenance—a plus for some—but also defines its outdoor space.

The appeal lies in its move-in-ready potential within a mature, south Winnipeg community. It suits buyers seeking a home from the 2000s without venturing into newer, often more expensive subdivisions. It’s ideal for those who prioritize a home’s interior condition and mechanical age over having the largest lot on the block. The recent 2022 sale indicates a modern transaction history, providing a clear, contemporary price benchmark for buyers.

Section 2: Frequently Asked Questions

1. How does the lot size impact this property?
While the land area is below the street average, it is still consistent with many city lots. This often translates to less time and cost spent on landscaping and yard upkeep, which can be a practical advantage.

2. The assessed value seems lower than some neighbors. Is this a concern?
Not necessarily. A lower assessment relative to some street averages can sometimes indicate a more conservative valuation or different finishing levels, not a fundamental issue. It’s important to view the interior and compare features directly.

3. What does the 2000 build year practically mean for a buyer?
Homes from this era typically benefit from modern wiring, efficient insulation standards, and PVC plumbing, avoiding some common issues found in much older homes. It represents a sweet spot between classic neighborhood charm and contemporary construction.

4. The home sold in 2022. What should I consider?
A recent sale means the current market price will be closely influenced by that 2022 purchase price and any improvements made since. It provides a transparent, up-to-date financial history but also means the seller’s expectations will be informed by a relatively recent market peak.

5. How does this home fit within River Park South?
It sits comfortably in the middle range for the neighborhood in both size and value. It’s a representative property for the area, not an outlier, which can be positive for long-term value stability and easier comparables when it’s time to sell.