Property Overview

This 1,754 sqft home at 35 Pately Crescent in Winnipeg's River Park South neighborhood presents a compelling mix of space, value, and established community. Built in 1984, it sits on a 4,668 sqft lot and last sold in June 2024 for an estimated $450,000–$500,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its generous living space relative to its surroundings. At 1,754 sqft, it ranks in the top 2% on its own street and above both neighborhood and city averages, offering more room than most comparable homes. This makes it particularly suited for growing families or those who simply desire spacious, single-level living without a premium price tag.

While the home offers excellent interior space, its assessed value of $404,000 is notably below the street average, suggesting it may represent a value opportunity for the square footage. The year of construction is also a relative strength, ranking as one of the newer homes on the block. The lot size is typical for the immediate area but smaller than the Winnipeg average, indicating a focus on the home itself rather than extensive outdoor space.

This home would best suit practical buyers looking for established, move-in-ready space in a mature neighborhood. It’s ideal for those who prioritize interior room over a large yard and who see value in a home that offers more substance than its assessed value might immediately suggest compared to its peers.

Frequently Asked Questions

1. Is this a good value for the money?
Based on the data, the home's assessed value is below the average for its street, while its living area is significantly above average. This disconnect can indicate a strong value proposition, assuming the home's condition is commensurate with others in the area.

2. What does the lot size mean for me?
At 4,668 sqft, the lot is average for Pately Crescent but below the citywide average. This typically means manageable yard maintenance and a focus on the home's interior living space, which is this property's standout feature.

3. How does the 1984 build year affect the home?
Being one of the newer homes on the street (ranked #2 out of 52) is a positive, potentially meaning updates to major systems like wiring or plumbing. However, as a home from the mid-80s, a thorough inspection for era-specific maintenance items is always advisable.

4. The home sold recently in 2024. What does that mean?
A very recent sale suggests the current market price is well-established. It also means the property may not have undergone significant changes since that transaction, providing a clear picture of its recent market value.

5. How can I find out the exact sold price?
The site provides sold price ranges publicly. To obtain the exact sale figure from June 2024, you must request a manual lookup via email, as explained in the data notes, due to industry regulations surrounding the distribution of sold data.