Property Overview: 39 Pately Crescent, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home on Pately Crescent presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Built in 1984, its construction date is notably newer than most on its street, suggesting potentially fewer age-related concerns compared to immediate neighbors. With 1,603 sqft of living space, it sits comfortably above the Winnipeg average, offering more room than a typical city home, while its assessed value aligns closely with local street and area benchmarks.

The appeal here is one of stability and predictability. It’s a home that performs consistently across key metrics—size, value, and lot—within its immediate context, indicating it fits seamlessly into the area without standing out as an outlier. This makes it a sensible choice for buyers seeking a known quantity: a spacious, late-20th-century home in a mature suburb. It would particularly suit first-time buyers moving into a family-oriented neighborhood, or practical-minded purchasers who value a balanced proposition over a fixer-upper or a brand-new build. A less obvious point of appeal is the lot size; at just under 5,000 sqft, it is manageable for maintenance while still providing decent outdoor space, a practical middle ground for those who want a yard without the upkeep of a larger plot.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home sold in August 2022 for an estimated $450k-$500k. This placed it in the top 20% of sales for the area and city at that time, suggesting it was a competitive transaction. For the most accurate sale history, exact figures can be requested directly.

2. Is the living space considered large for the area?
At 1,603 sqft, it is above the city-wide average and roughly average for both Pately Crescent and the broader River Park South neighborhood. It offers more space than many Winnipeg homes but is typical for this specific community.

3. What does the “Elite” ranking for year built mean?
On Pately Crescent, where the average build year is 1984, this home is ranked #2 out of 52, meaning it is one of the very newest houses on the street. This is a relative strength within its immediate block, though it is around average for the larger neighborhood.

4. How does the assessed value relate to potential market price?
The assessed value is $432k, which is very close to the street average. Assessment values are for tax purposes and can differ from market value, but this consistency suggests the home is not unusually over- or under-valued compared to its neighbors.

5. Are there similar homes nearby for comparison?
Yes. The listing provides several nearby references on the same street and in River Park South with similar build years and assessed values, such as 47 Pately Crescent and 54 Malmsbury Avenue. This allows for easy comparison of size, value, and vintage within the same community.