219 Mayfield Crescent

Property Summary: 219 Mayfield Crescent

Key Characteristics & Appeal

This is a spacious, well-established two-storey home in Elmhurst, built in 1992. Its primary appeal lies in offering above-average space and a mature setting. With over 2,200 sqft of living space and a fully finished basement, it provides ample room for a growing family or those who value separate living areas. The lot is a generous 5,300 sqft, typical of the neighbourhood era, allowing for private outdoor space.

The home’s competitive edge is highlighted by its strong rankings within the local context. It stands out in its immediate area for its larger-than-average size, newer construction relative to many neighbouring homes, and a higher assessed value than most on its street. This suggests a property that has been maintained well and occupies a desirable position within its micro-market. It would particularly suit buyers looking for a move-in ready family home in a settled neighbourhood, who prioritize interior space and a established community over a brand-new build. A thoughtful perspective is that while not the newest on the block, its age means major components are likely from a known era, potentially simplifying renovation planning or system updates.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in specific areas. For example, ranking in the "top 12%" for living area on its street means 88% of houses on Mayfield Crescent are smaller. It's a quick way to see its relative strengths.

2. Is a 1992-built home considered old?
In Winnipeg's housing stock, a 1992 home is newer than over 75% of properties city-wide. While not new, it’s from a modern building era and is younger than many comparable homes in its own community.

3. How does the finished basement affect the living space?
The 2,243 sqft listed is the above-grade living area. The finished basement provides additional usable space (e.g., for recreation, office, or guests) but is not included in that official square footage figure, adding to the home's functional size.

4. What might the "top 13%" city-wide assessment ranking indicate?
With an assessed value higher than 87% of Winnipeg homes, it suggests the property is in a desirable condition and location relative to the broader market. This can be a factor for value retention, but market price is determined by current sales.

5. Are there any obvious drawbacks from this data?
The data points to a couple of considerations: the home surpasses fewer peers in its immediate neighbourhood ranking (top 85%) than in other categories, hinting that Elmhurst is a strong, competitive area. Also, the lot size, while generous, is a more typical ranking, meaning large yards are common there.