Property Overview & Key Characteristics
This well-situated home at 38 Sedona Crescent in Mandalay West offers a practical blend of space, updates, and location. Built in 2005, it presents a modern layout without the premium often attached to brand-new construction. The key feature is the renovated basement, which adds significant functional space to the 1,504 sqft main living area. The property stands on a generous 4,416 sqft lot, placing it in the top tier for size on its street, and includes an attached garage.
Its appeal lies in its balanced position within the market. It's not the newest or largest home in the broader area, but it ranks very well within its immediate neighbourhood for lot size and living space. The renovated basement suggests move-in readiness and added versatility, whether for family, hobbies, or guests. The assessed value is competitive, positioned in the top third for Winnipeg, indicating a solid foundation of value.
This home would suit first-time buyers or young families looking for a turn-key property with room to grow, both inside and out. It also appeals to value-conscious buyers who prioritize a larger lot and updated finishes over having the absolute newest build date on the block. It represents a practical choice in a stable neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 4,416 sqft lot is a standout feature, ranking in the top 4% for size on Sedona Crescent itself. This means it offers more outdoor space than most of its direct neighbours.
2. What does "renovated basement" typically include here?
While specific finishes should be verified, in homes of this age and area, a renovated basement usually indicates a finished, legal living space with proper flooring, drywall, and lighting, often including a recreation room and additional storage or utility areas.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ($49.3k) is for municipal tax purposes and is typically far below market value. It is useful, however, for comparing the city's relative valuation of this property against others (it ranks in the top 19% in Winnipeg), which can indicate a stable investment.
4. The home was built in 2005. Are there any major components nearing replacement?
While newer than many homes, a 21-year-old property may have original components like the roof, HVAC system, or major appliances approaching the end of their typical lifespans. A thorough inspection is recommended to gauge their condition.
5. How does this home fit within the Mandalay West neighbourhood?
The data shows it sits in a strong position within the community. It ranks in the top 21% for lot size and top 66% for living area in Mandalay West, suggesting it is a comfortably above-average property in terms of space for the area.