Property Overview: 188 Charing Cross Crescent, River Park South

Key Characteristics & Appeal

This 1981-built home in River Park South presents a compelling mix of space, value, and established neighbourhood character. With 1,620 sqft of living area, it offers significantly more interior space than most homes on its street and is above the citywide average, making it a spacious option within its price range. Its assessed value of $418k is above average for the immediate street, suggesting it is a well-regarded property in its micro-location.

The appeal lies in this balance. You get a home that is newer than virtually all its direct neighbours, with a generous floor plan, situated on a quiet crescent. The lot size of 4,100 sqft is more compact than area averages, which translates to less yard maintenance—a potential plus for busy professionals or those seeking a lock-and-leave lifestyle. It would suit practical buyers looking for move-in-ready space in a mature, family-friendly area like River Park South, without the premium price tag of a newer subdivision or the upkeep of a much larger property. It’s a home for those who prioritize living space over land size and appreciate being in a well-established part of Winnipeg.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
While public data doesn't show a specific transaction history for this address, nearby comparable homes with similar size and age have recently sold with assessed values ranging from approximately $414k to $458k, indicating this property is positioned within that active market range.

2. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is below the neighbourhood and city averages, meaning less private outdoor space. However, this also means significantly less yard work and lower maintenance costs, which can be a desirable trade-off for many buyers.

3. The home was built in 1981. Should I be concerned about major repairs?
Homes from this era often have well-understood construction standards. Being one of the newest on its street is a positive, but a thorough inspection is still crucial to assess the current condition of key components like the roof, windows, and major mechanical systems, which may be nearing the end of their typical lifespans.

4. Why is the assessed value above average for the street but only average for the wider neighbourhood?
This indicates the home is likely one of the larger and better-maintained properties on Charing Cross Crescent itself. The wider River Park South area includes many newer and potentially larger homes, which pulls the neighbourhood average value higher.

5. How can I get verified sale price history for this property?
The provided data is based on public records. For a complete and verified transaction history, including exact past sale prices, you must request a manual lookup from the site via email, as this information is not displayed publicly due to industry data rules.