62 Matlock Crescent

Property Overview: 62 Matlock Crescent, Winnipeg

Key Characteristics & Appeal

This well-situated two-storey home in Betsworth offers a practical layout with 1,883 sqft of living space on a generous 6,450 sqft lot, featuring an attached garage and an unfinished basement. Built in 1994, its enduring appeal lies in its established neighbourhood setting and its strong relative value within the broader Winnipeg market. The data indicates it outperforms a significant majority of city homes in lot size, building age, and overall assessed value, suggesting a solid, no-frills foundation in a mature area.

The property would suit value-conscious buyers, such as young families or long-term owner-occupants, who prioritize space and lot size over turn-key finishes. Its unfinished basement presents a clear opportunity for customization or future expansion to add value. A less obvious perspective is its appeal to those seeking predictability; a home of this age in a settled area typically has well-understood maintenance patterns and mature landscaping, offering a sense of stability.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, being newer than 77% of Winnipeg homes means it’s a relatively modern structure in the citywide context, which can be positive for maintenance and systems.

2. Is an unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers the next owner a blank canvas to create exactly the space they need—a potential bonus for buyers with specific plans for a workshop, home gym, or custom rec room.

3. The home ranks lower on its street for size and value. Should I be concerned?
This often reflects the diversity of housing on a mature crescent. It may indicate that the street has a mix of larger, more recently updated or custom homes. This property offers an entry point into that same desirable location.

4. How significant is the lot size?
At over 6,400 sqft, the lot is a key asset. It provides ample private outdoor space, room for additions like a deck or shed, and generally contributes to a less crowded feel compared to newer subdivisions—a growing priority for many.

5. What does the assessment value tell me about the asking price?
The municipal assessment of $522,000 is a benchmark for property taxes and indicates the city’s valuation. A listing price set around or above this figure typically reflects current market conditions and any updates made since the last assessment. It’s a solid starting point for understanding its market position.