Property Summary: 38 Matlock Crescent
Key Characteristics & Appeal
This is a spacious, modern two-storey home in Winnipeg's Betsworth area, built in 2017. Its primary appeal lies in its combination of a large, nearly 2,500 sqft living space on a substantial 8,382 sqft lot, all while being a relatively new build requiring minimal immediate upkeep. The home features a finished basement and an attached garage.
The data reveals its standout position: it ranks in the top 10% of its immediate street, neighborhood, and the wider city for both size and assessed value. Notably, it's newer than 94-98% of comparable homes across these areas. This suggests a property that offers above-average space, modern construction, and strong perceived value within its market.
It would best suit buyers looking for a move-in ready, spacious family home in a suburban setting, who prioritize modern amenities and a large yard. It also appeals to those who value a property with competitive metrics (size, age, value) that outperforms most of its local peers, indicating a sound investment in a desirable location.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, the broader Betsworth community, and all of Winnipeg. For example, ranking in the top 10% for size on its street means it is larger than 90% of the homes on Matlock Crescent. This data highlights its relative superiority in key categories like living area, lot size, and assessed value.
2. Given its 2017 build, what should I expect regarding maintenance?
As a nine-year-old home, major structural components like the roof, siding, and major systems are likely still in good condition, potentially offering a period of lower maintenance costs compared to an older home. However, it's wise to check the condition of appliances, HVAC systems, and any original flooring or finishes, as these may be approaching their typical lifespans.
3. How does the finished basement impact living space and value?
The finished basement adds flexible living space, which is a significant asset for a growing family, a home office, or a recreation room. It effectively increases the usable square footage beyond the already generous 2,492 sqft main living area, contributing to the home's high ranking for size and its overall market value.
4. The lot is large, but what are the implications?
An 8,382 sqft lot provides excellent outdoor space for gardening, play, or entertaining. It also offers greater privacy and potential for future additions like a deck or shed. The trade-off is the responsibility for more landscaping and yard maintenance compared to a property with a smaller lot.
5. Why is the assessed value important for a potential buyer?
The municipal assessment of $809,000 is a key data point used for calculating property taxes. While the market sale price can differ, a high assessment that ranks in the top 2-3% of the city generally reflects the property's substantial size, modern age, and amenities. It's a strong indicator of the home's official valuation, which should be factored into your overall budgeting.