Property Overview: 34 Mansfield Crescent, River Park South, Winnipeg

Key Characteristics & Appeal

This well-situated home at 34 Mansfield Crescent presents a solid, established option in the River Park South neighborhood. Built in 1982, its 1,320 sqft living space is competitively sized, ranking above average for its own street. The assessed value of $424k is notably strong for the immediate area, placing it in the top 19% on Mansfield Crescent, which suggests it is viewed favorably compared to its closest neighbors.

The appeal lies in its balance and stability. It’s not an outlier in size or value but represents a dependable, above-average offering on its block. The lot, at just under 4,000 sqft, is smaller than many in wider Winnipeg, but is typical for the street, offering manageable outdoor space. A key, less obvious perspective is that its above-street-average assessment and older build year (relative to the newer parts of the neighborhood) could indicate a home that has been well-maintained or updated, contributing to its valuation.

This property would suit pragmatic buyers looking for a move-in ready home in a mature community without premium pricing for a large lot. It’s ideal for those who value neighborhood character and consistency over a brand-new build or extensive yard, and for buyers who appreciate a home that holds its value well within its immediate locale.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home last sold between $300k-$350k in August 2020. Its current assessed value of $424k is above the street average, indicating perceived growth. For verified, exact historical sale prices, a manual lookup can be requested.

2. Is the lot size a disadvantage?
The land area is smaller than the Winnipeg average but is typical for Mansfield Crescent. It offers lower maintenance, which can be an advantage for many, though it provides less space for expansions or large gardens compared to some other areas.

3. The home was built in 1982. Is that a concern?
The build year is older than many homes in the broader River Park South area. However, it ranks well on its own street. This typically means major systems may be due for review or may have already been updated—a key point for a home inspection.

4. What does the "above average" assessed value on the street mean?
Ranking 7th highest out of 36 homes on Mansfield Crescent suggests the municipal assessment views this property more favorably than most of its direct neighbors. This often reflects factors like condition, updates, or specific features not captured in square footage alone.

5. Who are the likely neighbors, and what are nearby homes like?
The property is on an established crescent with homes from a similar era. Nearby listings show consistent assessed values, sizes, and build years, indicating a stable, uniform streetscape without extreme variations in property scale or style.