Property Overview: 266 Marlton Crescent
Key Characteristics & Appeal
This home is a spacious, one-and-a-half storey property built in 1976, situated on a very large, mature lot of over 12,650 square feet in Winnipeg's Marlton neighbourhood. Its primary appeal lies in offering above-average space and land relative to much of the market. With over 2,000 square feet of living space, it ranks in the top 10% for size within its own street and the top 15% in its community. The finished basement and split garage add to its functional living and storage capacity.
The property’s standout feature is its exceptional lot size, which places it in the top 3% of all residential properties in Winnipeg for land area. This offers rare potential for privacy, gardening, expansion, or simply ample outdoor space in the city. The home suits buyers looking for a established character home with room to grow, who value a generous yard over a brand-new build. It would particularly appeal to families seeking space, or to those with future renovation or landscaping projects in mind. The strong assessment value ranking suggests it is a substantial asset within its area. A thoughtful perspective is that while the home is 50 years old, its rankings show it competes very favorably in size and land against newer builds, offering a different kind of value rooted in established neighbourhoods and generous proportions.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 3% in Winnipeg") actually mean?
This data compares this specific property against others in its immediate street, wider community, and all of Winnipeg for metrics like lot size and living area. For example, its lot size is larger than 97% of residential properties in the city, highlighting a key advantage.
2. Is the 50-year age of the home a concern?
While the home will likely require attention to aging components like the roof, windows, or mechanical systems, its age is fairly typical for the neighbourhood. The rankings indicate it is newer than 86% of homes on its street, suggesting it is relatively modern in its immediate context.
3. Who might this property not suit?
It may not be ideal for buyers seeking a modern, low-maintenance "turn-key" home, as a property of this age and scale typically requires ongoing upkeep. Those with limited mobility might find a one-and-a-half storey layout less suitable than a bungalow.
4. What is the significance of the "finished basement"?
A finished basement adds valuable, flexible living space that is already developed, which could be used as a recreation room, home office, or additional bedrooms without the need for a major renovation.
5. How should I interpret the strong assessment value ranking?
The assessment value ranking in the top 20% city-wide indicates the municipal government views this as a higher-value property compared to most in Winnipeg, which generally reflects its substantial lot and living area. It is a useful benchmark for understanding its standing, but market value can differ.