Property Overview: 47 Pately Crescent, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents as a solid, middle-of-the-road property in the established River Park South neighborhood. Built in 1984, its 1,098 sqft living area and $420k assessed value are consistently "around average" when compared to its immediate street, neighborhood, and the wider city. This consistency is a key characteristic: it suggests a property that is neither oversized nor undervalued relative to its market context, offering a stable and predictable entry point into the area.

The appeal lies in its balance and established setting. While the interior space is typical for the area, the lot size of just over 5,000 sqft is slightly above average for the street, potentially offering more usable outdoor space than some direct neighbors. A less obvious point of strength is its age relative to the street—it ranks in the top 4% on Pately Crescent for year built, indicating it is one of the newer homes on the block, which may imply fewer immediate concerns with aging infrastructure common in older builds.

This property would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize neighborhood stability over standout square footage. It’s for someone seeking a home that aligns with community norms without unexpected premium costs, in a mature area where the fundamentals are well-understood.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The provided data does not include a verified transaction history. The assessed value of $420k places it around the middle of the pack for the street and neighborhood. To obtain exact historical sale prices, you must request a manual lookup from the site via email.

2. Is the living space smaller than average?
It is slightly below the street average (1,452 sqft) but very close to the neighborhood (1,410 sqft) and citywide (1,342 sqft) averages. It offers typical, not expansive, living space for a Winnipeg home of this type.

3. What does the "Elite" ranking for year built mean?
On its specific street (Pately Crescent), being built in 1984 makes it one of the newest homes among its 52 comparable neighbors. This is a relative strength on the block, though it remains around the average build year for the broader River Park South area.

4. How reliable is this comparative data?
The rankings and averages are derived from public data, not the MLS. The site states the figures are "reasonably reliable" but not guaranteed. For fully verified figures and a complete history, a manual request is necessary.

5. What might be a less obvious consideration?
The lot size (5,027 sqft) is marginally larger than the street average. In an established neighborhood where lots can vary, this could offer a slight advantage for gardening, privacy, or outdoor living compared to other homes directly on Pately Crescent.