Property Overview: 71 Sandalwood Crescent, Rivergrove, Winnipeg

Key Characteristics & Appeal

This 1990-built home in Rivergrove stands out for its generous 2,071 sqft of living space, which ranks in the top 3% on its own street and the top 9% city-wide. With an assessed value of $501,000, it presents a compelling proposition: it’s valued above average for both its street and the entire city of Winnipeg, yet sits below the average assessed value for the broader Rivergrove neighborhood. This suggests a potential value opportunity within a desirable area.

The appeal lies in its well-above-average interior space on a standard-sized lot, offering roominess without excessive yard maintenance. Its 1990 build date is newer than most Winnipeg homes and is the newest on its street, implying potentially fewer immediate updates compared to older stock. This property would suit buyers looking for a move-in-ready, spacious family home in an established neighborhood, who are savvy about finding a home that outperforms city averages but may be priced favorably within its immediate local market. It’s a solid choice for those prioritizing interior square footage and a newer build over a premium lot size.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $501k is for municipal tax purposes and is a starting point for market evaluation. It’s above the city average but below the Rivergrove neighborhood average, which a buyer or agent would use to compare against recent actual sale prices of similar homes.

2. Is the 1990 build date a concern for major systems?
While newer than many Winnipeg homes, a 1990 house is now 34 years old. Key components like the roof, windows, furnace, and major appliances may be nearing or past their typical lifespans, so a thorough inspection is advised to budget for any updates.

3. The living area is large for the street, but the lot is average. What does this mean?
This typically indicates a home that has been built out or upgraded to maximize living space relative to its footprint. It’s efficient for living, but outdoor space may be standard, with less room for expansion or large landscaping projects compared to homes on larger lots.

4. Why is the home’s ranking so different between its street, neighborhood, and the city?
This highlights the importance of context. The home is elite on its specific street for size and age. When compared to all of Rivergrove, it’s more average, as the neighborhood includes newer or higher-valued pockets. Its strong city-wide rankings confirm it’s a substantial property overall.

5. How can I find out the actual sale history for this property?
As noted, full transaction history and exact past sale prices are not published here due to data source rules. You can request this information manually via the email link provided on the detail page to get verified figures directly.