Property Overview: 51 Charing Cross Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 51 Charing Cross Crescent in River Park South is a practical, entry-level property that offers value in a stable neighborhood. Built in 1981, it is actually one of the newer homes on its specific street. With 964 square feet of living space and a 4,201 sqft lot, it is a compact bungalow, smaller than most in both the immediate area and the wider city.

Its primary appeal lies in its affordability and positioning. The assessed value of $368k is below the neighborhood average, and recent sold data suggests it transacts in a accessible price range. This creates an opportunity for first-time buyers or investors seeking a lower entry point into the Winnipeg market. The lot size, while not large, is around average for the street and provides adequate outdoor space.

The property would best suit buyers with straightforward needs: those looking for a manageable, low-maintenance footprint without the premium for extra square footage. It’s a home that prioritizes function and location over size or luxury. A less obvious perspective is that its "below average" size and value metrics could be a strength for the right buyer—it may represent a more efficient use of space and capital in a market where larger homes command significantly higher prices.

Section 2: Frequently Asked Questions

1. Is this house significantly smaller than others in Winnipeg?
Yes. At 964 sqft, its living area ranks in the bottom quarter city-wide, making it a compact option. This is a key factor in its pricing.

2. How does its assessed value compare?
At $368k, it's below the River Park South average but very close to the Winnipeg city-wide average. This indicates you are paying a "neighborhood premium" that is relatively modest here compared to other parts of the city.

3. The home was built in 1981. Is that old for the area?
Interestingly, no. On its own street, 1981 is a newer build, ranking it #1 out of 65 homes. However, within the broader River Park South neighborhood, it is slightly older than the average.

4. What can recent sold prices tell me?
Public data shows homes in this category on this street recently sold in the $350k-$400k range. This provides a realistic benchmark for its market value, positioned in the more affordable half of area sales.

5. How can I get the exact sale history for this address?
Due to industry rules, exact MLS sold prices are not published here. You can request the full transaction history and exact figures via email from the site provider, who will manually look them up for you.