Property Summary: 46 Matlock Crescent

Key Characteristics & Appeal

This is a spacious, well-established family home in the Betsworth area of Winnipeg. Built in 1986, it offers nearly 2,000 square feet of living space across two storeys, situated on a large, 6,300+ sqft lot. Its key features include a fully finished basement and an attached garage. The home’s standout appeal lies in its generous proportions—both indoors and out—which rank it above the majority of Winnipeg homes for size. It presents a solid, move-in-ready canvas in a mature neighbourhood.

The property would suit buyers looking for space and value over a brand-new build. It’s ideal for a growing family that prioritizes room to play and grow, or for anyone seeking a established home with a large yard without venturing to the city's newest suburbs. The strong rankings for lot and living space suggest it offers more room than typical, a significant advantage for those who feel constrained in newer, denser developments. However, its appeal is balanced by its age; it will attract buyers comfortable with a home that may require updates over time but offers immediate livability and established community roots.

Frequently Asked Questions

1. What is the true sense of the property’s "rankings"?
The rankings compare this home against others on its street, in its neighbourhood, and across all of Winnipeg for specific metrics. For example, its living space is in the top 11% city-wide, meaning it's larger than 89% of Winnipeg homes. This is a major strength. Conversely, its assessed value ranks in the top 17%, indicating it is assessed higher than most, which is important for understanding its property tax position.

2. How does the 1986 build year affect the home?
A 40-year-old home is typically past its major initial depreciation but is entering the period where original components (like the roof, windows, furnace, and major systems) may need evaluation, repair, or replacement. This isn't inherently negative—construction from this era is often robust—but it warrants a thorough inspection and a pragmatic budget for maintenance and potential updates.

3. The lot is large, but what does that mean practically?
A lot of over 6,000 sqft provides excellent outdoor space for gardening, recreation, and potential additions like a deck or shed. It also offers more privacy and distance from neighbours than is common in newer subdivisions. This is a key feature for buyers who value outdoor living and space.

4. Who is the typical buyer in this neighbourhood?
Betsworth is a mature, established community. Buyers here often prioritize space, mature tree-lined streets, and the stability of a long-developed area over the flashiness of a new build. It attracts families, long-term residents, and those seeking a classic Winnipeg neighbourhood feel.

5. The assessment is notably higher than many homes. Why?
The assessed value of $504,000 is influenced by the home's above-average living area, lot size, and the fact it has a finished basement and attached garage—all adding functional value. It ranks highly locally, so buyers should be prepared for property taxes aligned with this assessment level. It reflects the city's view of the property’s substantial utility and desirability based on its characteristics.