Property Overview & Key Characteristics
This is a classic two-storey home in Winnipeg's Marlton neighbourhood, built in 1940. Its primary appeal lies in its generous, mature 8,089 sqft lot—a rare find that offers significant space and privacy within the city. The home itself features 1,373 sqft of living space, a finished basement, and an attached garage. While the house ranks average in size for its immediate area, its lot size and total assessed value place it in the top tiers when compared to most of Winnipeg, suggesting a property with underlying land value and established character.
The home would suit a buyer who values outdoor space and potential over a brand-new build. It’s ideal for someone with a vision for gardening, expansion, or simply enjoying a large yard. Given its age, it may also appeal to those interested in adding personal updates over time. The rankings indicate it’s a solid, established property in a neighbourhood of similar vintage, best for a practical buyer who sees the long-term value in land and location.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Marlton, and across all of Winnipeg. Key takeaways are that its lot size is exceptionally large (top 11% in Winnipeg) and its assessed value is strong (top 29%), while the house itself is older and of average size for its local area. This highlights the property's land value.
2. Is the age of the home (1940) a concern?
While the home has stood for over 80 years, indicating solid construction, it necessitates a thorough inspection. Buyers should budget for maintenance and updates typical of a home of this era, while also appreciating the character and build quality that often come with it.
3. What can I do with such a large lot?
Beyond gardening and recreation, the lot offers future potential. Depending on zoning, it could allow for additions like a large garage, workshop, or deck. The space provides a rare sense of openness and is a major asset for privacy and outdoor living.
4. How does the finished basement add value?
It immediately increases the usable living space for family, hobbies, or a home office. Ensure you understand the finish quality, ceiling height, and whether any permits were obtained for the work.
5. The home ranks "average" for size on its street but high for value city-wide. Why?
This points to the value of the land itself and the desirability of the Marlton location. You are purchasing a competitively priced home on a lot that is much larger than the Winnipeg average, which is a key factor in its overall assessed value and long-term equity.