171 Mayfield Crescent

Property Overview: 171 Mayfield Crescent, Winnipeg

Key Features & Ideal Buyer

This 1985-built, two-storey home sits on a large, 6,328 sqft lot in Elmhurst. Its key characteristics include a fully finished basement, an attached garage, and a generous 1,854 sqft of living space, which is notably larger than most Winnipeg homes. The appeal lies in its established neighbourhood setting combined with above-average roominess and a property size that offers space and privacy. Its strong rankings—particularly being newer and more valuable than over 80% of homes in its community—suggest a well-maintained property in a desirable area.

This home would best suit buyers looking for a move-in ready, spacious family home in a mature neighbourhood, who value indoor and outdoor space over a brand-new build. It’s also a strong candidate for those interested in long-term value, as its assessment ranks in the top tier for the city. A less obvious perspective is that homes from this era often feature more substantial construction and larger room proportions than many newer builds, offering a different kind of quality.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in the immediate area and citywide. For example, ranking "in the top 25%" for its age in Winnipeg means it is newer than 75% of all city homes, indicating a relatively modern build for the market.

2. Is the finished basement included in the 1,854 sqft living area?
Typically, the listed "living area" refers to above-grade, heated square footage. The finished basement is an additional bonus space not included in that 1,854 sqft figure.

3. What is the significance of the lot size?
At over 6,300 sqft, the lot is substantially larger than average, providing ample backyard space, potential for gardening, expansion, or simply more privacy from neighbours—a premium in city living.

4. How might the 1985 build year affect the home?
Homes from this period often have modern wiring and insulation standards but may require updates to original components like windows, roofing, or interior finishes. Its high ranking for age suggests it's in good relative condition.

5. Why is the assessed value higher than many similar homes?
The assessment ranks higher than 81% of homes in Elmhurst, indicating that municipal assessors have determined its market value is strong for the area, likely due to its size, condition, lot, and finished basement.