Property Summary: 377 Marlton Crescent
Key Characteristics & Appeal
This is a well-established, one-storey home on an exceptionally large, private lot in Winnipeg's Marlton neighborhood. Built in 1956, its primary appeal lies in its generous 19,804 sqft property, which offers rare potential for expansion, gardening, or recreation within the city. The home itself is of a comfortable size (1,691 sqft) with a finished basement and a detached garage. Its competitive rankings show it outperforms most Winnipeg homes in terms of lot size and living area, offering more space than 99% and 81% of city properties, respectively. While the structure itself is mature, the value is heavily anchored in the land and the possibilities it presents.
This property would best suit a buyer who prioritizes outdoor space and privacy over a brand-new build. It’s ideal for someone with a vision for landscaping, potential future additions, or who simply desires a large yard for family or hobbies. It also appeals to a value-conscious buyer looking for a home with solid fundamentals in a stable neighborhood, where the significant asset is the land itself. A thoughtful perspective is that this isn't just a house purchase; it's an investment in a substantial piece of Winnipeg real estate, where the land may appreciate independently of the aging structure.
Frequently Asked Questions
1. What does the "finished basement" entail?
The listing confirms the basement is finished, but specifics on layout, ceiling height, and finish quality are not provided. This would be a key area for a home inspection and further inquiry to understand its true living and functional space.
2. How does the 70-year age of the home impact its condition and costs?
While the rankings show the home is well-maintained relative to its age, buyers should budget for updates to major aging systems (like plumbing, electrical, or the roof) and anticipate a style that may require modernization. Its above-average assessment value suggests it has been maintained.
3. What are the specific possibilities for the large lot?
The nearly 20,000 sqft lot is its standout feature. Buyers should verify zoning bylaws with the city to understand what is permissible, such as building a secondary suite, a large workshop, or adding an addition to the existing home.
4. Why is the "community" ranking for building age lower than others?
The home is newer than only 23% of houses in its immediate community, indicating that Marlton likely has many newer homes. This suggests the neighborhood has been developed over time, and this property is one of its original, established lots.
5. What is the practical implication of a "detached" garage?
A detached garage offers flexibility for use as a pure workshop or storage space without concerns for noise or fumes entering the house. However, it means dealing with the elements when going between your car and home during Winnipeg winters.