34 Barnstaple Cove

Property Overview: 34 Barnstaple Cove

This two-storey family home in Winnipeg's Marlton neighbourhood presents a compelling opportunity. Built in 1980, it sits on a large, mature lot of over 9,100 sqft, offering space and privacy. The 2,533 sqft of living space is notably above average, placing it in the top 5% of its community for size. Key features include a finished basement and an attached garage. Its current assessed value is $630,000, reflecting a significant increase from its 2021 sale price of $465,000, indicating strong market movement.

The appeal lies in its generous proportions—both indoors and out—in an established area. It suits buyers looking for a ready-to-move-into home with ample room for a growing family, without the premium of a brand-new build. A thoughtful perspective is its high percentile rankings for lot size and living area versus its more moderate ranking for age; this suggests you're acquiring substantial physical space and established neighbourhood character, accepting the trade-off of a home that may require updates reflective of its era. It’s ideal for a practical buyer who values space over newness and is prepared for the maintenance or modernization that comes with a 46-year-old property.

Frequently Asked Questions

1. What is the neighbourhood like?
Marlton is a long-established, family-oriented community in Winnipeg. The property's rankings show it is situated among larger, older homes, suggesting a stable, mature setting with larger lots compared to newer subdivisions.

2. How does the assessed value compare to the last sale price?
The assessed value of $630,000 is approximately 35% higher than the July 2021 sale price of $465,000. This sharp increase highlights significant market appreciation over a short period, but the final sale price will be determined by current market conditions.

3. Is the basement included in the living area?
Typically, municipal assessments in Winnipeg list above-grade finished square footage separately. The 2,533 sqft living area listed likely refers to the main and upper floors. The finished basement provides additional, valuable living space not reflected in that primary figure.

4. What should I consider about a home from 1980?
While offering solid construction and mature landscaping, a home of this age may have original or aging core components. A thorough inspection of the roof, windows, HVAC system, and plumbing is advisable to budget for any necessary updates or maintenance.

5. How does this property rank compared to others?
The home ranks highly for its generous living space (top 5% in Marlton) and large lot. Its age is more average, ranking newer than about 76% of homes in the community. This combination indicates a spacious property in a settled area, not a recently built home.