Property Overview
This home at 30 Leahcrest Crescent in Winnipeg's Mandalay West neighbourhood presents a practical opportunity in a well-established area. Built in 1981, its key appeal lies in its balance of space and value. With 1,040 sqft of living area, it offers a manageable size that is typical for the immediate street but slightly more compact compared to broader area averages. The lot size of 4,198 sqft is notably smaller than most in the area, which translates to less yard maintenance—a potential plus for some buyers.
The property’s assessed value of $39.70k stands out as above average for Leahcrest Crescent itself, suggesting it may offer better finishes, condition, or perceived value than many direct neighbours. It last sold between $300k-$350k in 2019. This profile suits first-time buyers, downsizers, or investors looking for a lower-maintenance property in a mature neighbourhood without the burden of a large yard. Its appeal is grounded in practicality and location rather than expansive size.
Frequently Asked Questions
How does the lot size impact this property?
At 4,198 sqft, the lot is significantly smaller than most in Mandalay West. This means less outdoor upkeep, which can be a desirable feature for those seeking a low-maintenance lifestyle, but it also offers less private outdoor space for gardening or recreation.
What does the above-average assessed value on the street indicate?
Ranking in the top 24% for assessed value on Leahcrest Crescent suggests that, compared to its immediate neighbours, this home is likely in better condition, has seen more updates, or has features that the city assessor views favorably. It’s a positive indicator of its relative standing on the block.
Is the living space sufficient for a small family?
At 1,040 sqft, the living area is around the neighbourhood average. It is a compact layout that would comfortably suit a couple, a small family, or someone looking to downsize from a larger home without sacrificing all their space.
How current is the sale price information?
The last known sale was between $300,000 and $350,000 in 2019. For the exact sale price and a detailed history, you must request the information directly via the provided email service, as only ranges are published publicly.
What is the context of the "Year Built" ranking?
Built in 1981, this home is of a typical vintage for its street. However, it ranks as "below average" for the wider Mandalay West area because many homes in that larger zone are newer (averaging 1989). This indicates the home is in an older subsection of a neighbourhood that has seen development over time.