Property Overview & Key Characteristics

This two-storey home on a large, 6,372 sqft lot in Marlton offers a compelling blend of space, established charm, and relative value. Built in 1987, its primary appeal lies in its generous proportions—both in its 1,938 sqft of living space and its expansive yard—which are increasingly rare in newer subdivisions. The home ranks highly within its immediate area for lot size, living space, and being a relatively newer build, suggesting it stands out as a well-sized, established property in the neighbourhood.

Its appeal is practical and grounded: it’s a family-ready home with room to grow, complete with an attached garage and a full, unfinished basement offering storage or future development potential. The property would suit buyers looking for a long-term family home who prioritize indoor and outdoor space over a brand-new build, and who see value in a property with a solid foundation that they can personalize over time. A thoughtful perspective is that while the interior may benefit from updates, the underlying metrics—its above-average size and lot—represent a fixed asset that cannot be replicated in newer, denser developments, offering a different kind of long-term equity.

Frequently Asked Questions

1. What is the true sense of the property’s value in the current market?
The home’s municipal assessment is $420,000, which places it in the middle range for the street but above average for Winnipeg overall. This suggests it is viewed as a solid, established property. The final sale price will be determined by current market conditions, its updated condition, and the high demand for homes with its lot and living space.

2. What does the “unfinished basement” entail, and what are the possibilities?
The basement is a full, blank canvas with concrete walls and floors, ready for future development. It provides excellent storage and mechanical space. Any finishing would require proper permits and investment, but it adds significant potential square footage for a future rec room, home gym, or additional bedrooms.

3. How does the 1987 build year affect the home?
Homes from this era typically feature modern foundations, wiring, and insulation standards, but major components like the roof, windows, and HVAC system are likely nearing or due for replacement. A thorough inspection is crucial to budget for these upcoming maintenance items, which is a key consideration for the home’s value.

4. Who maintains the large 6,372 sqft lot, and what are the advantages?
The homeowner is responsible for all maintenance, including lawn care, gardening, and snow removal. The significant advantage is the substantial private outdoor space for play, gardening, or entertaining—a premium feature for families that is hard to find in newer communities.

5. What is the neighbourhood like, and what amenities are nearby?
Marlton is a mature, established neighbourhood in Winnipeg. Its character is defined by older trees, varied home styles, and settled streets. Amenities like schools, parks, and shopping are typically within a short drive, offering convenience without the premium price tag of newer, master-planned communities.