54 Derbyshire Place

Property Overview: 54 Derbyshire Place, Winnipeg

Key Characteristics & Appeal

This home at 54 Derbyshire Place in Mandalay West presents a balanced offering centered on space and value. Built in 1986, its key characteristic is a generous 7,601 sqft lot, which places it well above average for both the immediate street and the wider neighbourhood. This provides significant outdoor space and potential. The living area (1,040 sqft) is modest and typical for the area, while its assessed value ranks highly on its street, suggesting it is viewed favorably relative to its closest comparables.

The appeal lies in this combination of a larger-than-average lot in an established neighbourhood with a straightforward, manageable home footprint. It suits practical buyers looking for room to garden, play, or potentially expand outdoors without the upkeep of a much larger house. It would also suit value-oriented purchasers who appreciate that the property holds a strong assessed value position on its block, indicating a solid foundation for the price. A less obvious perspective is that a home of this era on a large lot offers a "blank canvas" opportunity—it’s neither a brand-new build nor a historic home, allowing new owners to put their own stamp on it without major restoration constraints.

Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The 7,601 sqft lot is a standout feature. It ranks in the top 21% on Derbyshire Place and the top 12% within the entire Mandalay West neighbourhood, meaning it is significantly larger than most nearby properties.

2. When was it last sold and for what price?
The home was sold in 2022. Based on available public data, the sale price was in the range of CA$450,000 to $500,000.

3. Is the living space smaller than average?
At 1,040 sqft, the living area is slightly below the average for both the street (1,195 sqft) and the city (1,342 sqft). It represents a more compact, efficient layout on a large lot.

4. What does the assessed value tell us?
The assessed value of $412,000 ranks highly (top 21%) among the 14 homes on Derbyshire Place, suggesting the municipal assessment views this property favorably compared to its direct neighbours.

5. How can I find out the exact historical sold prices?
The provider offers a manual service to share the exact sold price history. You can submit your email to request this information, with a promise of a reply by the end of the same day and no unsolicited marketing.