Property Summary: 400 Marlton Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a distinctive, one-storey home in the Marlton neighbourhood, built in 1955. Its primary appeal lies in its exceptionally large, half-acre lot (21,560 sqft), which places it in the top 1% of all properties in Winnipeg for land size. The home itself offers 1,754 sqft of living space, which is above average for the area, and includes a finished basement and an attached garage.
The property suits buyers looking for space, privacy, and potential. The vast yard is a rare find within the city, ideal for gardening, recreation, or future expansion. Its strong rankings for both lot and living area size suggest a solid value proposition for the neighbourhood. This home would particularly suit:
- Growing families or multi-generational households seeking indoor and outdoor room.
- Value-oriented buyers who see the land as a long-term asset and are comfortable with a home from the 1950s.
- Those prioritizing outdoor living over a newer build, where the yard becomes a primary feature of daily life.
A thoughtful perspective is that while the home’s age places it in the lower rankings for "newness," this is balanced by its superior rankings for space and land. It represents an opportunity to own a property with land scale that is increasingly uncommon, where the value is anchored in the lot itself, with the home offering functional living space.
Section 2: Frequently Asked Questions
1. What does the home’s age mean for maintenance?
Built in 1955, prospective buyers should budget for updates and maintenance consistent with a home of this era. A thorough inspection is recommended to assess the condition of major systems like plumbing, electrical, and the roof.
2. How significant is the lot size practically?
At nearly half an acre, the lot is a major feature. It offers immense privacy and space for activities, but also requires considerable upkeep for lawn care and landscaping, which should be factored into annual time and cost considerations.
3. What do the "rankings" actually indicate?
These rankings compare this property to others on its street, in Marlton, and across Winnipeg. For example, being in the top 1% city-wide for lot size highlights its rarity. The varying rankings (e.g., lower for "newness," very high for "land area") help identify this property’s specific strengths and trade-offs within the market.
4. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income or a separate living space should verify its compliance with local regulations.
5. What is the neighbourhood (Marlton) like?
Marlton is an established neighbourhood in Winnipeg. The property’s rankings show it is larger and has more living space than most homes in the immediate area, suggesting it is a above-average offering within a well-established community.