50 Matlock Crescent

Property Overview

50 Matlock Crescent is a spacious, two-storey family home in the Betsworth area of Winnipeg. Built in 1987, it sits on a large, 5,810 sqft lot and offers over 2,200 sqft of living space. Key features include a finished basement, an in-ground pool, and an attached garage. The home presents a compelling blend of space, established neighbourhood charm, and recreational amenities.

Key Characteristics & Appeal

This property’s primary appeal lies in its generous proportions and established setting. It ranks highly within Winnipeg for its above-average living area and lot size, offering room for a growing family. The inclusion of a private pool is a significant luxury for the local climate, creating a resort-like backyard oasis during summer months. The finished basement adds valuable flexible space for recreation, a home office, or guests.

Its appeal is balanced. While the home is well-maintained, its 1987 vintage means buyers should be prepared for the potential updating of original fixtures and systems that comes with a house of this age. It suits buyers looking for a ready-to-move-in family home with ample indoor and outdoor space, who value the maturity of an established neighbourhood over a brand-new build. It would also attract those who prioritize private recreational features and are willing to manage the upkeep a pool requires.

Frequently Asked Questions

1. How does the home’s age impact its value and condition?
Built in 1987, the home benefits from mature landscaping and is past its initial settling period. However, prospective buyers should factor in potential future updates to major components like the roof, windows, or HVAC, which may be nearing a typical lifespan, even if currently functional.

2. Is the pool a major added expense?
Yes, a pool requires seasonal opening/closing, ongoing maintenance, chemicals, and increased insurance. It also has a limited seasonal use in Winnipeg. While it’s a fantastic amenity, it should be viewed as a lifestyle investment with associated recurring costs.

3. The home ranks very high for size but lower for age on its street. What does this mean?
This indicates the home is one of the larger models on Matlock Crescent, but it is older than several of its neighbours. This can be appealing for space, but it may mean exterior styles or interior layouts differ from newer homes nearby.

4. The assessed value has risen significantly since the 2020 purchase. Is the price justified?
The current assessment is notably higher than the 2020 sale price, reflecting strong market appreciation. Buyers should use this as a market indicator but rely on a current professional appraisal and recent comparable sales to determine fair market value.

5. What is the neighbourhood like?
Located in Betsworth, it offers the quiet, family-oriented atmosphere of an established suburban community. The high rankings for lot and home size within the community suggest it’s among the more spacious offerings in the area, appealing to those seeking room without moving to a rural setting.