54 Matlock Crescent

Property Overview & Key Characteristics

This 1986-built, one-storey home on a large 6,110 sqft lot in Betsworth offers a practical and spacious layout with 1,738 sqft of living space, including a finished basement. Its key appeal lies in the combination of a generous, private yard and a home that ranks highly for its size and value across Winnipeg, outperforming a majority of comparable properties. The house suits buyers looking for established-character single-level living, minimal exterior maintenance, and the potential to personalize an interior that has seen steady use over four decades. It’s particularly well-matched for first-time buyers seeking space to grow, downsizers wanting a manageable footprint without sacrificing room, or value-focused investors attracted by its above-average assessment ranking in a stable community.

Frequently Asked Questions

1. How does the "ranking" system work?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg for specific metrics like lot size, age, living area, and assessed value. For example, ranking in the "top 28%" city-wide for lot size means 72% of Winnipeg properties have smaller lots.

2. What does the age of the home mean for a buyer?
Built in 1986, the home is part of an established neighbourhood with mature landscaping. Buyers should anticipate maintenance or updates consistent with a 40-year-old house, such as roof, windows, or major systems, but can also expect well-settled foundations and proven neighbourhood dynamics.

3. Is the finished basement included in the 1,738 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, providing extra functional space that isn’t reflected in that primary square footage figure.

4. Why is the assessed value ranking higher than the living area ranking?
The assessment considers more than just size, including the lot, location, condition, and market factors. Its high value ranking suggests the property is assessed favorably relative to many others, potentially due to its large lot and finished basement, even though the main floor living area is more modestly ranked.

5. What is the significance of the lot size?
At over 6,000 sqft, the lot is a major feature, offering ample outdoor space for gardening, recreation, or future additions like a deck or shed. This is a less common find in many city neighbourhoods and provides a sense of privacy and room that can't be easily added later.