Property Overview: 44 Prelest Place, Winnipeg
Key Characteristics & Appeal
This home at 44 Prelest Place in Mandalay West presents a compelling mix of space and value. Built in 1993, it is a newer property compared to many in Winnipeg. Its standout feature is the generous 6,178 sqft lot, which is notably larger than most on its street and in the wider area, offering excellent outdoor potential. The living area of 1,241 sqft is comfortable, though slightly below the average for the immediate neighbourhood.
The appeal here is grounded in practicality and opportunity. The assessed value is modest relative to the city, suggesting a potentially accessible entry point into a well-established area. It suits first-time buyers or downsizers looking for a manageable home with a premium-sized yard in a quiet setting. It’s also a sensible choice for value-focused buyers who see potential in a larger lot, whether for gardening, expansion, or simply enjoying more private outdoor space than is typically available at this price point.
Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
The home’s living space is slightly smaller than the average for Mandalay West. However, the land size is a significant advantage, being larger than approximately 90% of lots on Prelest Place itself.
2. What is the neighbourhood like?
Mandalay West is a mature, established neighbourhood. The property data indicates homes here are generally well-kept and of a similar vintage, suggesting a stable, residential community.
3. Why is there a range for the last sold price (2019: CA$350k–400k)?
The exact sale prices are not always publicly disclosed. The range is estimated from available market data. You can request the precise historical sold price directly from the listing service via email.
4. Is the assessed value the same as the market value?
No. The assessed value (listed as $43.50k) is for municipal tax purposes and is typically much lower than the current market value. The last sold price range from 2019 is a better indicator of its market worth.
5. What are the possible drawbacks?
The interior square footage is on the lower side for the street, so the layout may be cozy. Buyers should consider if the home’s floor plan meets their needs, as the value proposition leans more toward the land than the size of the dwelling itself.