Property Overview: 27 Farnsworth Crescent, River Park South, Winnipeg

Key Characteristics & Appeal

This home at 27 Farnsworth Crescent presents a compelling proposition centered on spacious, modern living within a well-established Winnipeg neighborhood. Its primary strength is its generous 2,524 sqft of living area, which ranks in the top 1% of homes in River Park South and the top 3% city-wide, offering significantly more interior space than typical area and city comparables. Built in 2008, it is a relatively modern home that requires less immediate updating than many Winnipeg properties. The assessed value of $705k reflects its elite standing in the broader neighborhood and city context, though it is around the average for its own street.

The appeal lies in acquiring a large, turn-key family home in a mature suburb. It suits buyers who prioritize interior square footage and modern construction over a large yard, as the lot size is somewhat more compact than others on the street. It’s an ideal fit for growing or multi-generational families seeking ample room without venturing into newer subdivisions. A thoughtful perspective is that this property offers "established neighborhood character with a contemporary interior footprint," avoiding the trade-offs often found in older, larger homes that may need extensive renovation.

Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is near the neighborhood average, it is below average for Farnsworth Crescent itself. This typically means a smaller yard but often less maintenance. The trade-off is a focus on generous indoor living space rather than extensive outdoor grounds.

2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is a useful benchmark, not a market price. This home's assessed value is elite compared to the wider area, but interestingly, it's closer to the street average, suggesting the street itself is comprised of high-value properties. Market conditions, recent upgrades, and specific buyer demand will ultimately determine the sale price.

3. What does the home’s age (2008) imply for a buyer?
Built in 2008, the home is modern enough that major systems like wiring, plumbing, and windows are likely up-to-date, reducing near-term capital risks. However, it is now at an age where some components (e.g., appliances, roof, HVAC) may be approaching the end of their typical lifespans and should be inspected.

4. How does this property compare to others on the street?
It offers above-average living area on a street of already large homes. Its assessed value is around the street average, and it sits on a smaller-than-typical lot for the crescent. This positions it as a spacious home on this block, but not necessarily the largest or highest-valued property.

5. Where can I find verified past sale prices for this home?
The site provides estimated sold price ranges from public data. For fully verified and exact historical sale figures, you must request a manual lookup via email, as industry rules prevent the display of official MLS sales records directly on the platform.