Property Summary: 358 Marlton Crescent, Winnipeg
Key Characteristics & Appeal
This is a classic, fully bungalow on an exceptionally large, half-acre lot (23,394 sqft) in the Marlton area. Built in 1957, the home offers 1,414 sqft of living space with a finished basement and a detached garage. Its standout feature is the immense, private yard, which provides rare potential for expansion, gardening, or recreational space within the city.
The appeal lies in a combination of established community, significant land value, and a solid, move-in-ready foundation. The property's data rankings highlight its unique position: its lot size is in the top 1% for Winnipeg, offering a level of privacy and scope uncommon in urban settings. While the house itself is of average size for the area, the finished basement adds practical living space. It suits buyers looking for a long-term family home with room to grow outdoors, or those who value land as a primary asset. It would also appeal to a buyer with future plans to potentially renovate or expand, given the ample space to do so. The high assessment value ranking suggests the property is already recognized for its substantial worth relative to others.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The ranking indicates the property's lot is larger than 99% of all residential lots in Winnipeg, placing it in the top 1%. This isn't just a big yard; it's a uniquely sizable parcel for the city.
2. Is the 1957 build date a concern?
While the home is older, the rankings show it's newer than 57% of houses on its own street. Any home of this age will require a thorough inspection, but it exists in an established neighborhood where this is common. The key will be the upkeep and updates made over time.
3. How does the finished basement affect the living space?
The 1,414 sqft listed is the above-ground living area. The finished basement provides additional, flexible space for recreation, guests, or storage, effectively increasing the usable square footage beyond the official figure.
4. Who is the typical buyer for this property?
This property most suits buyers whose priority is land and long-term potential over a brand-new home. It's ideal for families, hobbyists, or anyone seeking space and privacy without leaving the city. It's less suited for those seeking a modern, low-maintenance property without future projects.
5. Why is the assessment value notably high compared to the home's size and age?
The assessed value reflects the total property value, which is heavily influenced by the land itself. The premium lot size and location contribute significantly to the assessment, meaning the land constitutes a major portion of the property's overall worth.