Property Overview & Key Characteristics
This two-storey home in Marlton's Barnstaple Cove presents a compelling opportunity for buyers seeking space, privacy, and established value. Its primary appeal lies in its generous 11,189 sqft lot—a rare find that places it in the top 4% of Winnipeg for land size—offering ample room for gardening, recreation, or future expansion. The 2,335 sqft of living space is also well above average, ranking in the top 7% of its community. A finished basement and attached garage add to its functional layout.
The home suits buyers who prioritize a large, private yard over a brand-new build, appreciating the character and mature landscaping of a 1979 property. Its strong rankings in assessed and recent sale value (top 9% and 5% in Winnipeg, respectively) indicate a property that has maintained and grown in worth, appealing to those looking for a stable, long-term investment. It’s an ideal fit for a growing family, someone who enjoys outdoor projects, or a buyer wanting a home with proven equity growth in a quiet cul-de-sac setting.
Frequently Asked Questions
1. How does the age of the home (built 1979) affect its condition and potential costs?
While the home is nearly 50 years old, its strong value rankings suggest it has been well-maintained. Buyers should budget for potential updates to major aging components like the roof, windows, or HVAC system, which is typical for homes of this era, but the solid foundation and desirable location offset this for many.
2. What does the large lot size practically mean for a homeowner?
Beyond privacy, the over 1/4-acre lot offers significant flexibility. It could accommodate a large shed, a play structure, extensive gardens, or even a future addition (subject to bylaws). The trade-off is higher maintenance time or cost for lawn care and landscaping compared to a standard lot.
3. The home sold recently in 2023. Why is it back on the market?
This isn't specified in the provided data. While sometimes a red flag, it can also be due to numerous neutral life events (job relocation, change in family circumstances). A buyer's agent can inquire about the specific history to provide clarity.
4. How do the community and street rankings compare, and what does that indicate?
The home ranks higher city-wide (top 4-5%) than within its own immediate community (top 7-12%). This suggests it's a standout property on its street and in Marlton, likely offering more space or value than many nearby homes, which is a positive for resale.
5. Is the 2023 sale price of $635,000 a reliable indicator of current value?
It is a very recent and strong data point, showing the price the market bore less than a year ago. Given stable market conditions, it serves as an excellent benchmark, though current appraisals and market trends will determine the exact present value.