Property Overview: 50 Derbyshire Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Derbyshire Place in Mandalay West is a grounded, mid-sized property that represents a practical entry point into the Winnipeg market. Built in 1986, it sits on a notably generous lot—over 6,300 sqft—which is well above average for both the neighbourhood and the city. This presents a clear opportunity for buyers who value outdoor space, gardening, or future expansion potential over a larger interior footprint. The living area of 1,040 sqft is modest but functional, aligning with the typical size found on its street.
Its appeal lies in its balance and value. The assessed value is positioned below average for the immediate street, which could indicate a more accessible price point within a stable area. The home suits first-time buyers or downsizers looking for a manageable property with a premium lot size, without the premium price tag of a fully renovated or larger home. It’s a property for those who see potential in the land and the structure, possibly viewing it as a long-term home to gradually update or a solid investment in a well-established neighbourhood.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 6,320 sqft is a standout feature. It ranks in the top 25-27% citywide and is significantly larger than the Mandalay West neighbourhood average, offering more private outdoor space than many comparable homes.
2. Is the home older or newer than others in the area?
Built in 1986, it is slightly newer than the Winnipeg city-wide average for comparable homes. On its own street, it ranks above average in age, meaning it is one of the more recently built houses in that specific grouping.
3. What was the recent sale history?
Public records indicate a sale occurred in 2023 within the price range of CA$350,000 to $400,000. For the exact sale price, you can request the information directly via email from the listing source.
4. How does the living space compare?
At 1,040 sqft, the interior living area is around the average for the street and neighbourhood. It is a functional size but sits below the city-wide average for comparable homes, suggesting a focus on efficient use of space.
5. What does the assessed value tell me?
The assessed value of $36,600 is below the average for Derbyshire Place itself but aligns more closely with the Mandalay West average. This positioning on its own street might reflect the home’s specific condition or features relative to its immediate neighbours, and is a useful point for value discussions.