Property Overview: 24 Marshall Crescent, Winnipeg
Key Characteristics & Appeal
This home on Marshall Crescent in Maybank presents a compelling case for value-focused buyers, particularly those who prioritize land over living space. The 1,004 sqft bungalow, built in 1956, offers functional living space that is modest compared to area averages. Its true standout feature is the 8,231 sqft lot, which ranks in the top 4% for size within the Maybank neighbourhood, offering exceptional outdoor potential.
The appeal lies in this land-to-structure ratio. The assessed value is strong for the area, suggesting the property is well-regarded, and its last sale in 2021 indicates a stable, desirable location. This property suits a buyer looking for a solid, no-frills home in a mature neighbourhood with the room to garden, entertain, or potentially expand. It’s a practical choice for a first-time homeowner comfortable with a character home, or a downsizer seeking a manageable interior with generous outdoor space. A thoughtful perspective is that this lot size offers a rare sense of privacy and possibility in the city, which is increasingly difficult to find at this price point.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,004 sqft, the living space is below the current city-wide average. It is a comfortably sized bungalow, but buyers should be prepared for a more compact interior footprint compared to many modern homes.
2. What is the significance of the lot size ranking?
The lot size of 8,231 sqft is a major asset. Ranking in the top 4% in Maybank and top 10% city-wide, it means you are getting significantly more land than most comparable properties, which often translates to better privacy, landscaping options, and future potential.
3. What does the "Elite" ranking for land area in Maybank mean?
This statistical ranking indicates that this property's lot size is among the very largest (top 4%) when compared directly to other similar homes in the immediate Maybank neighbourhood. It’s a quantifiable highlight of the listing.
4. The home sold in 2018 and again in 2021. Should that be a concern?
The sales history shows active market interest. The price increased from the $250k-$300k range in 2018 to $350k-$400k in 2021, reflecting strong appreciation in that period. It suggests a desirable and stable location.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides the accurate figures manually.