Property Overview: 115 Helen Mayba Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 115 Helen Mayba Crescent in the Meadows neighbourhood presents a practical and value-oriented opportunity. Built in 2010, it is a relatively modern property that requires less immediate concern for major aging infrastructure compared to much of Winnipeg's older housing stock. With 1,418 sqft of living space, it offers a comfortable footprint that is squarely average for the city, though it is on the smaller side for its specific street.
The property’s primary appeal lies in its strong assessed value positioning. It ranks well above average for both the Meadows area and city-wide, suggesting it is viewed as a solid asset relative to its peers. This, combined with a generous 5,868 sqft lot that is larger than many in the immediate area, offers good value for the land. The home last sold between 2016-2025 in the $300k-$350k range, providing a recent benchmark.
This property would suit a first-time buyer or a downsizer looking for a low-maintenance, modern home in a stable neighbourhood without a premium price tag. It’s also a sensible choice for a value-focused investor who recognizes the advantage of a newer build and an above-average assessment in a mature community. A thoughtful perspective is that while the interior space is modest for the street, the larger lot could be a long-term asset for expansion or outdoor living, something not always available with newer builds.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbours?
At 1,418 sqft, the living area is below the average (1,728 sqft) for homes on Helen Mayba Crescent itself. However, it is very close to the average size for both the wider Meadows neighbourhood and the city of Winnipeg as a whole.
2. What does the assessed value ranking mean?
The assessed value of $49.80k (note: this is a tax assessment, not a market price) places this home in the top 17% in the Meadows and top 20% city-wide. This indicates the property is assessed higher than most comparable homes, which can reflect its relative desirability but also has implications for property taxes.
3. Is the lot size a positive feature?
Yes. The 5,868 sqft lot is above average for the Meadows area. This provides more outdoor space than many nearby properties, which is a notable benefit for a home built in 2010, as newer subdivisions often have smaller lots.
4. When was it last sold and for roughly how much?
The home was sold between 2016 and 2025 (exact date requires verification) for an estimated price between CA$300,000 and CA$350,000.
5. What are the implications of it being built in 2010?
A 2010 build means major components like the roof, furnace, and windows are likely only about halfway through their typical lifespan. This can offer a period of reduced worry and capital expenditure for major replacements compared to an older home, though all systems should still be professionally inspected.