Property Overview: 135 Matlock Crescent, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established family home in the Betsworth neighborhood. Built in 1989, it sits on a large, nearly 6,000 sqft lot and offers 1,944 sqft of finished living space, including a developed basement. The home's recent sale price of $651,000 significantly surpasses its assessed value, indicating strong market demand and buyer confidence in the property itself.
Its primary appeal lies in its generous proportions—both the lot size and living area rank highly within Winnipeg—offering room to grow and relax. The data suggests it’s a home that has been maintained and updated over its 37-year life, as evidenced by its above-average sale performance. It would perfectly suit a growing family or anyone seeking established-community living with ample indoor and outdoor space, without the premium for a brand-new build. A thoughtful perspective is that while it lacks a garage, the large lot presents a clear opportunity for addition or creative outdoor solutions, adding potential future value.
Potential Buyer FAQs
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Betsworth, and across all of Winnipeg. For key metrics like lot size and recent sale price, this property ranks in the top 15-35% city-wide, meaning it outperforms the majority of Winnipeg homes in those categories. It’s a data-driven sign of a competitive and desirable property.
2. The house sold for over $100,000 above its assessed value. Is that a concern?
Not necessarily. Assessed value is for municipal tax purposes and often lags behind the current market. The sale price reflects what multiple buyers were willing to pay in August 2024, confirming the home’s market value is currently higher than its government assessment.
3. There’s no garage. How big of an issue is that?
This depends on your needs. The large lot does provide the space to potentially add a garage or a substantial shed in the future. For some buyers, the trade-off for more yard space and a larger house at this price point is acceptable.
4. The home is 37 years old. What should I expect?
A home of this age is likely to have seen major updates (like roof, windows, furnace). A key question for any inspection would be the condition and age of these core systems. The positive side is that the neighborhood and home’s layout are time-tested.
5. Why does it rank lower for "newness" in the community?
This simply means about 89% of homes in Betsworth are newer than this one. This isn’t a negative mark on the property itself; it indicates Betsworth is a developing area with many newer builds, but this home offers a larger, more established lot and footprint that newer homes in the area may not match.