Property Overview: 34 Leahcrest Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 34 Leahcrest Crescent in Mandalay West is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1979, its key characteristic is its modest scale: with 836 sqft of living space and a 4,198 sqft lot, it is notably smaller than most homes on its own street and in the wider area. This isn't a sprawling family home, but rather a compact and manageable property.
Its primary appeal lies in its value proposition. The assessed value is around average compared to the city, suggesting a stable, mid-range investment without premium pricing. It last sold in the $250k-$300k range in 2019. For buyers, this suits first-time homeowners, downsizers, or investors looking for a lower-maintenance footprint and a manageable yard. The smaller size means lower utility costs and less upkeep, which can be a significant, less obvious advantage. It’s a home for those who prioritize financial pragmatism and simplicity over spaciousness, set on a quiet crescent in an established neighbourhood.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact the property?
The lot is smaller than most in the immediate area. This means less exterior maintenance and lower landscaping costs, but also limited space for expansions, large gardens, or extensive outdoor recreation.
2. Is the home’s below-average living area a concern?
At 836 sqft, the living space is compact. It will suit individuals, couples, or small families comfortable with efficient living. It is not well-suited for those needing multiple dedicated rooms or significant storage space.
3. What does the assessed value ranking indicate?
The assessment is around average city-wide but below average for Mandalay West. This can suggest the property is reasonably valued within Winnipeg, but may not have the same premium as some neighbouring homes, potentially offering a more affordable way into the neighbourhood.
4. The home is 47 years old. What should I consider?
Built in 1979, the property is older than many on its street. Prospective buyers should budget for potential updates to major aging components like roofing, windows, or mechanical systems, and are advised to seek a thorough inspection.
5. How can I find out the exact past sale price?
The listed sale price is a public data range. The exact sale price from 2019 is available by request from the listing service; they provide it directly via email upon request at no cost.