361 Marlton Crescent

Property Overview & Key Characteristics

This is a classic, well-maintained 1954 one-storey bungalow situated on an exceptionally large, half-acre lot (21,246 sqft) in Winnipeg's Marlton area. Its primary appeal lies in the rare combination of a generous, private land parcel with a functional, updated living space. The home itself features 952 sqft of living area and a finished basement, offering practical single-level living or potential for main-floor primary suite arrangements. A split garage provides additional storage or workshop space.

The property's standout feature is its land size, which ranks in the top 1% of all Winnipeg lots, offering immense potential for gardening, recreation, expansion, or future redevelopment. While the house is older and modest in size, it is move-in ready with its updated basement. This home would perfectly suit a buyer prioritizing outdoor space and privacy over a large interior footprint—ideal for first-time buyers seeking a manageable home with unparalleled yard space, downsizers looking for a bungalow with room for hobbies, or long-term investors who recognize the inherent value in a large, centrally-located lot.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in its community, and across all of Winnipeg. For example, its land size is in the 99th percentile city-wide, meaning it's larger than 99% of lots. Conversely, its living area is smaller than about 76% of Winnipeg homes, clearly framing the trade-off between house size and yard size.

2. Is the large lot a burden or an opportunity?
It can be both. Maintenance (lawn care, snow clearing) requires more time or equipment cost. However, it provides rare privacy in the city, space for additions like a shed or patio, and long-term value as larger lots become increasingly scarce.

3. Who might this property not suit?
Buyers seeking a modern, open-concept layout or extensive square footage on the main floor may find the 1954 floor plan and 952 sqft living area too compact. It's best for those who view the interior as comfortable and functional, but see the true living space extending outdoors.

4. How does the 1954 build year impact things?
While the home has been maintained, buyers should budget for updates consistent with its age, such as the roof, windows, or mechanical systems. A thorough inspection is key. The positive side is that older homes often feature solid construction and mature landscaping not found in newer builds.

5. What is the potential here beyond just a home?
The lot size opens possibilities not available with a standard parcel. Think substantial vegetable gardens, a dedicated play area, room for a future garage or studio, or simply the luxury of significant distance from neighbors. It’s a property that offers a lifestyle centered around outdoor space.