Property Overview: 50 Leahcrest Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Leahcrest Crescent in Mandalay West is a well-positioned, average-sized property that offers solid value within its established neighbourhood. Built in 1981, the 1,040 sqft house sits on a 4,701 sqft lot. Its primary appeal lies in its consistency and stability. The home's living area, assessed value, and year built all rank solidly around the average for its immediate street, neighbourhood, and the wider city, indicating a property that is neither over-improved nor underdeveloped for its context. Recent sale prices in 2021 and 2024 have trended in the top 25-30% range city-wide, suggesting strong market recognition.
The property would suit pragmatic buyers looking for a manageable, low-drama home in a mature area. It’s ideal for first-time homeowners, downsizers, or investors seeking a straightforward, comparable property without extreme features that complicate valuation. A thoughtful perspective is that its "average" metrics across the board can be a strength, offering predictability and lower risk compared to properties with standout highs or problematic lows. The lot size is smaller than many on its street, which may appeal to those seeking lower exterior maintenance.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is almost exactly the average for Leahcrest Crescent and Mandalay West, indicating it is priced in line with the local market. Its recent sold prices have performed well above the city-wide average.
2. Is the lot size a disadvantage?
At 4,701 sqft, the lot is below the average for both the street and the neighbourhood. This means less yard space but also typically translates to less maintenance, which can be a positive for some buyers.
3. What does the year built (1981) mean for a buyer?
Built 45 years ago, the home is of a similar vintage to most on its street but is newer than the typical Winnipeg home. Buyers should expect updates common for that era and plan for a standard home inspection.
4. Why are sold prices shown as a range?
Exact sold prices are not publicly available in Manitoba. The ranges provided are based on public data. You can request the exact historical sold price via email from the site, at no cost and without marketing spam.
5. Where can I see more context about this specific location?
You can open the neighbourhood analysis page for an interactive map comparing this property to nearby houses in detail, including year built, living area, assessed value, and lot size.