Property Overview: 56 Marshall Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Marshall Crescent in Maybank is a classic Winnipeg post-war bungalow, built in 1958. Its primary appeal lies in its generous, above-average lot size of over 7,400 sqft—a standout feature that ranks in the top 23% on its street and top 10% within the neighbourhood. This offers significant outdoor space and potential for gardening, expansion, or simply more privacy than many city lots. The living area of 1,105 sqft is consistent with the average for similar homes in the area, providing practical, no-frills space.
The property’s assessed value and recent sale history position it as a solidly middle-of-the-market home. It doesn’t rank as a luxury outlier but represents a grounded, established option in a mature neighbourhood. This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or value-oriented investors attracted to a stable, character area. Its true value is less about high-end finishes and more about the tangible asset of the land and the stability of a well-established community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is a key advantage. At 7,413 sqft, it is notably larger than the Winnipeg citywide average of about 6,570 sqft for comparable homes, placing it in the top 14% citywide.
2. What is the likely condition of a home built in 1958?
Built 68 years ago, the home is of average age for its street and neighbourhood. Buyers should budget for updates common to homes of this era, such as windows, roofing, or mechanical systems, while appreciating the character and construction quality of the period.
3. How stable is the property’s value in this area?
The assessed value is around the median for the city, street, and neighbourhood, indicating stability rather than rapid appreciation. It suggests a lower-risk, steady market position.
4. What can the 2021 sale price range tell me?
The public data shows a sale between $300,000 and $350,000 in 2021. This provides a recent benchmark, but for precise pricing history to inform an offer, you must request the exact sold price from the site via email.
5. Who are the typical neighbours in terms of home style and size?
Nearby properties on Marshall Crescent are very similar—primarily bungalows from the 1950s with comparable living areas. This creates a consistent streetscape but means your home’s larger lot is a relative advantage.