Property Overview & Key Characteristics
This is a well-established, single-storey home in the Marlton area, built in 1982 on a large, quiet cul-de-sac lot. Its primary appeal lies in its generous 7,838 sqft land size, which ranks highly within Winnipeg and offers significant outdoor space and privacy—a notable find for a mature neighbourhood. The home features a finished basement and an attached garage. While the living space is a comfortable 1,502 sqft, the property's standout metrics are its lot size and its building age, which is newer than most homes in its immediate area. The municipal assessment value is strong relative to the broader market.
This property would best suit a buyer who values a large yard and established community character over a brand-new build. It’s ideal for someone looking for a solid, grounded home with room to garden, play, or potentially expand outdoors. The rankings suggest it’s a competitively sized and valued property city-wide, but it may appeal particularly to those who see the potential in a home from the early 80s, appreciating the durability of construction from that era and the mature landscaping that comes with it.
Frequently Asked Questions
Q: How does the "ranking" system work for this property?
A: The rankings compare this home against others on its street, in Marlton, and across all of Winnipeg for specific metrics like lot size and age. For example, its lot size is in the top 12% city-wide, meaning it's larger than 88% of Winnipeg properties. This helps gauge its relative strengths in the market.
Q: The home was built in 1982. What should I consider about its age?
A: While systems like the roof, windows, or furnace may be due for updates or replacement, a 1982 home often benefits from more spacious room layouts and larger lot sizes than newer builds. A thorough inspection is key to planning any necessary modernizations.
Q: What are the advantages of a cul-de-sac location like Barnstaple Cove?
A: Cul-de-sacs typically experience less through traffic, offering a quieter, safer environment for families. The large lot size here is often a characteristic of homes in such secluded street designs.
Q: The living space is 1,502 sqft, but the lot is huge. Is there expansion potential?
A: The significant lot size could allow for future additions like a large deck, shed, or even a home extension, subject to local zoning bylaws and permit approvals. The finished basement also adds usable living area.
Q: How does the municipal assessment relate to the likely selling price?
A: The assessment of $474,000 is for tax purposes and is based on a mass appraisal system. It can be a general indicator of value, but the final market price is determined by current buyer demand, the home's condition, and recent sales of comparable properties.