Property Overview: 21 Stellarton Crescent, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 2012-built home in River Park South presents a compelling middle-ground proposition. With 1,622 sqft of living space, it sits above the neighborhood and city averages, offering comfortable room for a small family or couple, though it is notably more modest than many larger homes on its own street. Its assessed value of $517k follows a similar pattern: it represents a premium compared to broader area and city benchmarks but is positioned below the street average. This creates a unique dynamic—you’re acquiring a newer, above-average home for the wider community, but on a street where many properties are larger and more valuable.

The appeal lies in this balance. It’s a move-in ready, modern home in a well-established suburban neighborhood, without the premium price tag of the largest properties on the block. The lot size is standard for the area, providing typical outdoor space without extensive maintenance demands. It would suit first-time buyers looking for a solid, newer home in a desirable area, or downsizers seeking single-level living (assuming a bungalow layout, which is common for the year and area) with modern amenities. A thoughtful perspective is that this property offers a “value-entry” into a street of more expensive homes, which can be a prudent long-term investment as neighborhood standards rise.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold between $500k-$550k in August 2021. Its current assessed value of $517k is above the city and neighborhood averages, suggesting it has been viewed favorably by assessors, but it is below the average for Stellarton Crescent itself.

2. Is the living space sufficient for a growing family?
At 1,622 sqft, it is above average for both Winnipeg and River Park South. It likely provides 3-4 bedrooms, which suits a small to medium family. However, if you prioritize very large bedrooms or multiple living areas, comparing its floor plan to larger homes on the same street is advisable.

3. What does it mean that the home ranks “below average” on its own street?
This indicates Stellarton Crescent is a street of substantial, newer homes. While this property is modern and well-sized by broader standards, several neighboring homes are larger (avg. 1,909 sqft) and have higher assessed values (avg. $564.9k). This isn’t a negative on the home itself, but context about the street’s caliber.

4. How reliable is the sold price data shown?
The provided sold price range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.

5. Are there other similar homes nearby for comparison?
Yes. The listing page shows several comparable homes in River Park South from the same era (2008-2013), with living areas ranging from 1,248 to 2,155 sqft and assessed values from $485k to $614k. This gives a clear snapshot of the local market segment this home occupies.