Property Overview: 181 Mayfield Crescent, Elmhurst, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 181 Mayfield Crescent is a well-proportioned family property in Winnipeg's Elmhurst neighborhood. Built in 1990, it offers modern construction compared to many city homes. Its key features include a generous 2,244 sqft of living space, an attached garage, a pool, and a full (though unrenovated) basement on a sizable 7,328 sqft lot.
The appeal lies in its above-average standing within multiple contexts. The home ranks in the top 10-15% of its immediate street and neighborhood for both living area and assessed value, indicating a premium offering for the area. It provides the space and amenities for family living, with the added benefit of a pool—a relative rarity. The lot size offers good outdoor potential, and the home’s age suggests it may have more contemporary layouts and systems than older stock.
This property would suit a buyer looking for a move-in ready, spacious family home in a stable neighborhood, who values a pool and generous indoor and outdoor space. It’s ideal for those who prioritize square footage and established character over a brand-new build or a home requiring a full renovation. A thoughtful perspective is that while the basement presents an opportunity for future customization, its current state means immediate projects are not required, allowing the buyer to settle in first.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
Statistically, it stands out. It ranks in the top 13% on its street for living area and the top 10% for assessed value, meaning it is larger and more valuable than the majority of comparable homes directly around it.
2. What does the "unrenovated basement" imply?
It indicates the basement is functional and finished but hasn’t been recently updated. This could be seen as a blank canvas for personalization, but buyers should budget for potential updates to flooring, paint, or fixtures to modernize the space to their taste.
3. The home sold for $590k in 2020. What does that mean for today's price?
That sale price from 2020 is a historical data point. The current assessed value is a separate figure used for property tax purposes. Market conditions, renovations, and broader economic factors since 2020 mean the current market value will be determined by present-day appraisal and listing price.
4. Is the pool a major value factor?
It can be both an asset and a consideration. For a buyer seeking this amenity, it adds significant lifestyle value and is uncommon in many Winnipeg homes. However, it also entails ongoing maintenance, insurance considerations, and seasonal upkeep costs.
5. How does the lot size compare?
At over 7,300 sqft, the lot is larger than the average for both the street and the city overall. This provides ample backyard space, which is complemented by the presence of the pool. It’s worth noting the lot is slightly smaller than the average for the broader Elmhurst area, but still offers substantial outdoor room.