Property Summary: 343 Marlton Crescent

Key Characteristics & Appeal

This is a well-established, one-and-a-half storey home on an exceptionally large, mature lot in the Marlton area. Built in 1955, its primary appeal lies in its generous 21,250 sqft property—a rare find that places it in the top 1% of Winnipeg for lot size. The home itself features 1,248 sqft of living space with a finished basement and a detached garage.

Its appeal is multifaceted. For buyers seeking space and privacy, the expansive lot offers immense potential for gardening, recreation, or future expansion. The home suits a practical buyer who values a solid, no-frills foundation in a quiet crescent location over modern finishes. It’s particularly well-suited for those with a long-term vision, whether that's enjoying the established neighborhood character or seeing the value in land that significantly outranks the house itself in terms of scarcity. The strong assessment value ranking suggests it is a substantial asset within its community. This property would likely attract downsizers wanting a manageable home with outdoor space, or families and investors who recognize the inherent value and options presented by such a large parcel of land.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in its neighborhood, and across Winnipeg. For example, its lot size is in the 99th percentile city-wide, meaning it's larger than 99% of Winnipeg properties—a standout feature. Conversely, its age is older than about 69% of city homes, indicating it's a classic, mature property.

2. Is the house in need of major updates?
Given its 1955 construction, buyers should budget for updates consistent with a home of this era. While the basement is finished, the main living areas likely reflect older styles and systems. A thorough inspection is recommended to prioritize any necessary modernizations.

3. How can such a large lot be utilized?
Beyond traditional gardening and play areas, the lot size offers less obvious benefits like increased privacy, potential for adding a workshop or shed, and excellent stormwater management. It also provides a buffer from neighbors and street noise, enhancing the sense of retreat.

4. What are the implications of a "detached" garage?
A detached garage means you walk outdoors to access your vehicle. This can be a minor inconvenience in winter but often allows for more flexible use of the garage space as a workshop or for storage without concerns about fumes or noise entering the house.

5. Why is the lot size ranking so much higher than the living area ranking?
This discrepancy highlights the property's unique offering: the land itself is the premium feature. The house is of average size for its area, but it sits on a parcel that is far above average. This suggests the value proposition is heavily weighted toward the land, which is a finite resource, rather than the current structure.