Property Overview: 48 Chapparal Crescent, Mandalay West, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in the established Mandalay West neighbourhood. Built in 1988, it is a newer construction compared to many Winnipeg homes, which can be appealing for buyers wary of the maintenance challenges often found in older properties. With 1,239 sqft of living space and a 4,997 sqft lot, the property sits below the average size for its immediate street but aligns more closely with the city-wide averages. Its assessed value is consistent with the local area, suggesting it is priced in line with market expectations without significant premium or discount.
The appeal lies in its position as a solid, average-priced home in a mature neighbourhood. It suits first-time buyers or downsizers looking for a manageable property without the premium of a larger lot or extensive square footage. A thoughtful perspective is that its "average" metrics across the board may indicate stability and less volatility in value, appealing to a cautious buyer. The data shows it last sold between 2016 and 2025 for an estimated $350k–$400k, providing a recent benchmark for value.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,239 sqft, the living area is smaller than the average on its own street but is very close to the average size for both the Mandalay West area and the city of Winnipeg as a whole.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is around average for the neighbourhood. While assessed value is a guideline, the final sale price is determined by the current market. The home's last known sold price range ($350k–$400k) offers a more direct, recent comparison.
3. What are the potential implications of the lot size?
The lot is under 5,000 sqft, which is below average for the street. This typically means less exterior maintenance and yard work, which can be a benefit for some, but may limit expansion or landscaping options compared to larger lots in the area.
4. How does the year built affect this property?
Built in 1988, this home is newer than over 75% of homes city-wide. This can be an advantage, potentially meaning fewer major system replacements (like roofing or windows) in the immediate future compared to much older homes.
5. How can I find out the exact past sale price?
The exact sold price history is not published publicly. You can request it directly via email through the listing service; they provide the accurate figure manually without using your email for unsolicited marketing.