Property Overview: 17 Matlock Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established Betsworth bungalow presents a classic and practical home on a large, 7,173 sqft lot. Its key characteristics include a generous 1,547 sqft of living space, a finished basement, and an attached garage, all within a single-storey layout ideal for easy living. Built in 1986, the home is situated in a mature neighbourhood with a clear sense of permanence and space.

The primary appeal lies in its combination of a substantial, private yard and a functional floorplan that requires no stairs between main living areas. Its competitive rankings are noteworthy: the property value and land size rank within the top 16-25% of all Winnipeg homes, suggesting a lot premium and solid market positioning relative to the city. However, the interior living area is more modestly ranked within the neighbourhood, indicating a home where the land and overall value may be the greater assets than the interior square footage itself.

This property would best suit buyers seeking a long-term home with ample outdoor space for gardening, play, or quiet enjoyment, without the maintenance of a two-storey. It’s a strong match for downsizers, small families, or those who prioritize a main-floor primary bedroom and a large, established lot over a newly built or extensively renovated interior. The data suggests it’s a property that has appreciated significantly since its 2019 purchase, likely appealing to value-conscious buyers looking for a stable investment in a mature community.

Section 2: Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Betsworth, and across all of Winnipeg. For example, ranking in the top 16% city-wide for land size confirms the lot is a major feature. The higher rankings for value and land versus the more average ranking for living area help clarify where the property’s strengths lie.

2. The home was built in 1986. What should I consider?
A home of this age is likely to have well-established landscaping and neighbourhood character. Buyers should budget for the potential updating of original components, such as windows, roof, or major mechanical systems, which may be nearing the end of their typical lifespan, while also appreciating the sturdy construction of its era.

3. How significant is the price change since 2019?
The assessed value has risen from the 2019 sale price of $375,000 to $515,000. This indicates strong market appreciation. It’s essential to understand current market conditions to see if this trend is consistent and to determine a fair present-day offering price.

4. Who would this floorplan not suit?
The one-storey layout with a finished basement may not be ideal for those who prefer distinct separation between living and sleeping areas (all bedrooms are on the same level), or for buyers who require a large amount of above-ground square footage and numerous dedicated rooms.

5. What are the less obvious pros and cons of a large lot?
The obvious pro is space for activities, gardens, or future additions like a shed or deck. A less obvious consideration is the higher maintenance (lawn care, landscaping) and potentially higher utility costs for watering. Conversely, it offers valuable long-term flexibility and privacy that is increasingly rare.