Property Overview & Key Characteristics

This is a well-established, single-storey home in the Marlton area, built in 1981 on a generous, mature lot exceeding 8,250 square feet. Its key appeal lies in a combination of space, location, and value. The home offers over 1,700 square feet of living space, a fully finished basement, and an attached garage. The standout feature is the exceptionally large lot, which provides ample outdoor privacy and potential for gardening, play, or expansion, a rarity compared to many newer subdivisions.

Its appeal is grounded in practicality and established community charm. It suits buyers looking for a solid, move-in-ready home without the premium of a new build, who value a large private yard over a more modern floor plan. The property’s rankings indicate it is a competitively sized home within its immediate neighborhood, but its lot size and overall assessed value place it in the top tiers for Winnipeg, suggesting strong underlying land value. This would be an ideal fit for a small family, downsizers seeking single-level living with outdoor space, or a value-conscious buyer who sees potential in the existing structure and land.

Frequently Asked Questions

Q: How does the age of the home (built 1981) affect its condition and potential costs?
A: Homes from this era often have well-established foundations and mature landscaping. Buyers should budget for updates to major systems like the roof, windows, or HVAC, which may be nearing the end of their service life, but can also benefit from the character and tree coverage of an older neighborhood.

Q: The lot is large, but what is it actually like?
A: At over 8,250 sqft, the lot is a significant asset. It likely offers substantial backyard space, privacy from neighbors, and room for additions like a deck, shed, or garden. Consider the orientation for sun exposure and the upkeep required for a yard of this size.

Q: The home ranks lower for living area on its street but high city-wide. What does this mean?
A: This suggests the immediate street may have larger homes, but overall, the home's square footage is above average for Winnipeg. It indicates a solidly sized property in a neighborhood where some houses are simply larger, not that this home is small.

Q: What is the significance of the high assessment value ranking?
A: Ranking in the top 18% of Winnipeg for assessed value indicates the property is viewed as a higher-value asset compared to most in the city, which is positive for equity. This is likely driven by the combination of lot size, finished basement, and the established location.

Q: Is the finished basement included in the listed 1,731 sqft living area?
A: Typically, the listed "living area" refers to above-grade square footage. The fully finished basement is an additional bonus space, adding significant functional room for recreation, guests, or storage, but it may not be counted in the official figure.