Property Summary: 544 Mandalay Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 898 sqft bungalow, built in 1986, sits on a notably generous 4,004 sqft lot on Mandalay Drive. Its key appeal lies in a combination of relative modernity for its immediate street and a lot size that ranks among the top 4% in the neighbourhood, offering valuable outdoor space. The home's assessed value is strong for the street but more modest compared to the wider area, suggesting a potentially efficient entry point into the Mandalay West community.
The property would suit practical buyers looking for a manageable, single-level layout with room to garden, entertain, or expand outdoors. It’s a compelling option for those who value a newer build date on their block and a larger-than-standard lot, without the premium of a much larger house. It may also appeal to value-oriented buyers who see potential in a home with a solid lot size in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is above average for Mandalay Drive itself, ranking in the top 17%. However, it falls below the average for the broader Mandalay West area, indicating it may offer more value relative to its immediate neighbours.
2. What does the lot size mean for me?
At over 4,000 sqft, the lot is significantly larger than most on the street (top 4%). This provides ample private yard space, which is a relative rarity in the neighbourhood and allows for gardening, play areas, or future landscaping projects.
3. Is the living space considered small?
At 898 sqft, the living area is slightly above the average for Mandalay Drive but below the averages for both the wider neighbourhood and the city. This points to a compact, efficient floor plan rather than a sprawling one, which can mean lower utility costs and easier maintenance.
4. The home sold recently in 2023. What can that tell me?
The sold price range from 2023 provides a very recent market benchmark. For a detailed understanding of local price trends, the exact sold price is available upon request from the listing service.
5. Why is the year built highlighted as a key feature?
Built in 1986, this is one of the newest homes on Mandalay Drive (top 1%). This can translate to newer major systems, like plumbing and electrical, compared to older homes in the area, potentially reducing immediate repair concerns.