236 Marlton Crescent

Property Summary: 236 Marlton Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1974, situated on a large, approximately 6,000 sqft lot in the Marlton area. Its key features include a fully finished basement and an attached garage. With 1,130 sqft of living space, it offers a practical layout for everyday living.

The primary appeal lies in its established neighbourhood setting and the value offered by its generous lot size—a canvas for gardening, play, or future expansion. The finished basement adds immediate functional space without the need for renovation. Its competitive rankings, particularly outperforming two-thirds of all Winnipeg homes for assessed value, suggest a solid, mid-market proposition.

This home would best suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature community. It’s a practical choice for those who value indoor-outdoor space and prefer a move-in-ready property without major immediate projects, but who may see long-term potential in the sizable lot.

Section 2: Frequently Asked Questions

1. How does the age of the home (52 years) impact a buying decision?
While the home is well-established, a buyer’s inspection should focus on the major systems common to this era, such as the roof, windows, and foundation. The age is reflected in its competitive price and lot size, offering a trade-off common in mature neighbourhoods.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and city-wide. For example, ranking in the "top 33%" for lot size in Winnipeg means the lot is larger than 67% of all city properties—a significant advantage. Conversely, lower rankings in some categories indicate where the property is more average for its locale.

3. Is the finished basement included in the listed 1,130 sqft living area?
Typically, the main living area (1,130 sqft) and the finished basement are reported separately. The 1,130 sqft refers to the above-ground space. The basement provides additional, valuable living area.

4. Who might this property not suit?
It may not suit buyers seeking a brand-new, low-maintenance build or those requiring extensive square footage all on one level. The rankings indicate the interior space is closer to the area average, so those needing larger primary living areas might look elsewhere.

5. How should the "assessed value" be viewed in relation to the listing price?
The municipal assessed value ($373,000) is for tax purposes and is one data point. The eventual sale price is determined by the current market. Its assessment ranking—higher than 58% of Winnipeg homes—suggests the city views it as a above-median value property within its framework.