Property Overview: 176 Charing Cross Crescent, River Park South, Winnipeg

Key Characteristics & Appeal

This 1,090 sqft bungalow, built in 1981, presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Its primary appeal lies in its stability and predictability rather than standout luxury. The home sits on a 4,300 sqft lot and carries a municipal assessed value of $396,000, figures that are consistently "around average" when compared to its immediate street, the wider neighborhood, and the city.

A key, less obvious strength is its relative age on its own street—built in 1981, it is newer than the average home on Charing Cross Crescent, potentially suggesting updates or a construction timeline that avoided some issues of earlier builds in the area. While the living space is modest compared to newer suburban homes, it represents an efficient and manageable footprint. The property last sold between $350,000-$400,000 in mid-2021, a price point that historically placed it in the top third for its street.

This home would best suit practical, value-conscious buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a stable, established community over expansive square footage or a premium lot size. It’s for someone looking for a straightforward entry into Winnipeg’s housing market with metrics that indicate a low risk of being over- or under-improved relative to its surroundings.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the home’s last sold price (2021) was in the top 33% for Charing Cross Crescent at the time. Its current assessed value is very close to the street’s average, suggesting its valuation has remained consistent with area norms.

2. Is the lot size a disadvantage?
The lot is below the neighborhood average but is typical for the street. It offers a lower-maintenance yard, which could be a benefit for those not wanting extensive outdoor upkeep.

3. The home is noted as "newer" for the street. What does that imply?
Built in 1981, it is newer than the average home on its specific block. This could mean systems (like wiring or plumbing) might be from a later standard, or that major components like the roof may have a younger replacement timeline than neighbors’ homes built a year or two earlier.

4. What is the neighborhood context of River Park South?
The data shows homes here generally have larger living areas and lots than this property, but also come with a higher average assessed value. This property offers a more affordable point of entry into the same community.

5. How can I verify the exact historical sale price?
The public data shows a sold price range. For fully verified and exact sale figures, you must request a manual lookup from the site provider, as MLS sold records are not displayed due to industry regulations.