Property Overview
This 2008-built home in Mandalay West presents a compelling, move-in-ready opportunity. Its key appeal lies in a combination of above-average space, modern age, and a renovated basement, all within a well-regarded Winnipeg neighbourhood. With 1,985 sqft of living space on a 6,237 sqft lot, it offers more room than most homes on its street and in the wider city. The attached garage and renovated basement add practical living and storage space. The home’s assessed value ranks in the top tier locally, suggesting a solid investment in a desirable area.
It would suit buyers looking for a spacious, relatively modern home without the premium of a brand-new build. It’s ideal for a growing family needing room to expand, or for someone seeking a property with immediate livability and the added bonus of a finished lower level. The strong rankings for size, age, and value indicate a property that stands out in its peer group for its balanced offering.
Frequently Asked Questions
How does the lot size compare to newer subdivisions?
At over 6,200 sqft, the lot is substantially larger than those typically found in many contemporary builds, offering more outdoor space for gardening, play, or entertaining.
What does the "CABOVER" building type indicate?
This refers to a Cab-over-Garage design, a popular early-2000s layout where living space is built directly over the garage. It often allows for efficient use of the footprint, contributing to the generous main-floor living area.
The assessed value seems low compared to likely market price. Why?
Municipal assessed values in Manitoba are primarily for taxation purposes and often lag behind current market values. The key takeaway is its high percentile rank (top 8% in Winnipeg), indicating the city assesses it as a higher-value property relative to most others.
Is the renovated basement included in the listed living area square footage?
Typically, municipal living area (sqft) calculations do not include below-grade spaces, even if finished. The 1,985 sqft likely refers to above-ground living space only, with the renovated basement adding significant additional usable area.
How does the age of the home (built 2008) factor in?
A home from this period often benefits from modern building codes and materials, while any major initial settling or "new home" issues have likely been resolved. It strikes a balance between contemporary layout and established maturity.