Property Overview & Appeal
This well-established home on a generous lot in Mandalay West presents a balanced, grounded opportunity. Built in 1979, its key characteristics are its above-average land size (over 6,200 sq ft) and its position as a solidly average home in its immediate area for both living space (approx. 1,281 sq ft) and assessed value. Its appeal lies in its established neighbourhood setting, offering more outdoor space than many comparable properties, which is a notable advantage for gardening, play, or future expansion. The home last sold in the 2024-2025 period, providing a very recent market reference point.
This property would suit practical buyers looking for a stable, no-surprises entry into a mature Winnipeg neighbourhood. It’s ideal for first-time homeowners or downsizers who value a larger lot over a newer or significantly larger house, and for those who see potential in a property that offers room to grow or customize over time, rather than a move-in-perfect showcase.
Frequently Asked Questions
How does this home’s lot size compare to others?
The land area of 6,276 sq ft is a standout feature, ranking in the top 17% on its own street and the top 28% in the wider Mandalay West area. This means you’re getting more outdoor space than most similar local properties.
Is the assessed value a good indicator of the likely selling price?
Not directly. The assessed value (for tax purposes) is around $40,100, but the home sold for between $450,000 and $500,000 in 2024. The sale price reflects the actual market value, which is significantly higher.
What does it mean that the home is “around average” for the street?
For living area and assessed value, this home is typical for Streilein Crescent. This can be an advantage, indicating it fits comfortably within the neighbourhood without being over-improved or under-sized, which often supports stable value.
The home is older—what should I consider?
Built in 1979, it’s newer than the city-wide average but older than most in Mandalay West. Prospective buyers should budget for updates consistent with a home of this age, such as windows, roof, or mechanical systems, and consider a thorough inspection.
How can I find out the exact past sale price?
The provided sale price is a public range. You can obtain the exact historical sale price by emailing a request via the button on the property page. The service is manual but prompt, with no marketing spam attached.