405 Marlton Crescent

Property Summary: 405 Marlton Crescent

Section 1: Overview & Appeal

This is a well-established, single-storey home in Winnipeg's Marlton area, built in 1976. Its primary appeal lies in its generous, nearly 10,000 sqft lot, which is significantly larger than most properties in the city, placing it in the top 7% for land size in Winnipeg. The home itself offers 1,505 sqft of living space, including a finished basement, and features an attached garage.

The property suits buyers looking for space and privacy in a mature neighbourhood. It’s ideal for those who value a large yard for gardening, recreation, or future expansion over a brand-new build. The strong assessment value ranking suggests it's a substantial property within its community. A thoughtful perspective for potential buyers is to consider the balance between the home's 50-year age, which may require updates, and the rare opportunity to own such a sizable parcel of land, which is increasingly uncommon in urban settings. This home would likely suit a practical buyer or family who sees potential in both the interior space and the extensive outdoor possibilities.

Section 2: Key Questions (FAQs)

1. What does the "ranking" data mean?
   The rankings compare this property against others on its street, in its community, and across all of Winnipeg. For example, being in the "top 7%" for land size means 93% of Winnipeg properties have a smaller lot. This helps gauge its relative standing on key metrics.

2. Is the large lot a benefit for future expansion?
   Potentially, yes. A lot of this size (9,801 sqft) could allow for additions like a large deck, workshop, or even a secondary structure, subject to local zoning bylaws and permits. It offers significant flexibility that smaller lots do not.

3. What should I consider about a home built in 1976?
   While the core structure is proven, key systems like the roof, windows, plumbing, and electrical may be nearing or past their typical lifespan. A thorough inspection is crucial to understand the condition and budget for any necessary updates or modernizations.

4. How does the finished basement add value?
   It immediately increases the usable living space, which is attractive. However, the quality, layout, and ceiling height of the finish are important. It's wise to check for any moisture issues and ensure the work was done with proper permits.

5. The home ranks higher for land size than for living area. What does this indicate?
   This highlights the property's key characteristic: the land itself is its most competitive feature. It suggests you are buying more for the outdoor space and location than for the sheer size of the house, which is above average but not exceptional. The value proposition is strongly tied to the lot.