Property Overview: 23 Orford Crescent, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated, early-2000s home in the established River Park South neighborhood. Its primary appeal lies in offering above-average citywide value and modern construction within a mature community. At 1,508 sqft, the living space is larger than the Winnipeg average but more modest compared to some larger homes on its own street. The 2002 build date is a standout feature, meaning major components like the roof, windows, and mechanical systems are likely newer than those in many neighboring homes, potentially reducing near-term maintenance costs.

The property suits practical buyers looking for a move-in-ready home without the premium of a brand-new build. It’s an intelligent choice for those who value a home that outperforms city averages for size and assessed value ($515k), while accepting it is a more standard offering on its specific block. A thoughtful perspective is that this home represents a "sweet spot" in the neighborhood: it benefits from the established landscape and community amenities of River Park South, but with a build date that avoids the potential issues of much older infrastructure. It’s ideal for a growing family or professional seeking space and modern convenience without venturing to the outer edges of the city.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, this property sold in June 2023 for an estimated $550k-$600k. That sale price placed it in the top 7% for the River Park South area and top 9% citywide at that time, indicating it commanded a strong market price relative to broader benchmarks.

2. Is the lot size a constraint?
The lot is 4,979 sqft, which is average for Winnipeg and very typical for the neighborhood. While it is slightly smaller than the average on Orford Crescent itself, it provides standard yard space for a family home in this area without being overly burdensome to maintain.

3. What does the "Above Average" citywide ranking really mean for a buyer?
It indicates that, compared to all similar homes across Winnipeg, this property scores well on key metrics like living area, assessed value, and year built. This suggests you are getting a home that stands above the typical Winnipeg offering, which can be a positive for long-term value retention.

4. The assessed value is below the street average. Is that a concern?
Not necessarily. The assessed value of $515k is still above the neighborhood and city averages. It may reflect the home’s slightly smaller size relative to some immediate neighbors. This can be an opportunity, as municipal property taxes are partly based on this assessment.

5. How can I verify the exact historical sale price?
The site provides estimated sold price ranges. To obtain the exact, verified sale figure, you must request a manual lookup via email from the service, as they do not display full MLS transaction records due to industry rules. They state this is a free service with no spam.