Property Overview & Key Characteristics
This home at 46 Mcmullen Crescent is a practical, no-frills property that represents a solid entry point into Winnipeg's Mission Gardens neighbourhood. Built in 1974, its 998 sqft living space is modest but typical for the immediate street and area, offering a manageable footprint. The appeal lies in its established location and relative affordability, as reflected in its assessed value which sits consistently around the average for its local context. With a lot size just under 5,000 sqft, the property provides a decent outdoor space without the burden of extensive maintenance.
This home would suit first-time buyers seeking a straightforward starter home, or practical investors looking for a rental property in a long-established area. It’s not a standout in terms of size or modern features, but offers stability and value within its peer group. A thoughtful perspective is that its "average" metrics across the board suggest less volatility and competition compared to more extreme high or low performers, potentially making for a more predictable purchase.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 998 sqft, the living area is slightly below the city-wide average but is quite typical for both Mcmullen Crescent and the broader Mission Gardens area, where it ranks comfortably in the middle of the pack.
2. What does the assessed value indicate?
The assessed value of $33,700 is consistently around the average for the street, neighbourhood, and city for its category. It suggests the property is priced in line with fundamental municipal valuations, not as an outlier.
3. Is the lot size a disadvantage?
The land area of 4,998 sqft is smaller than most on its specific street, but is very close to the average for the Mission Gardens area itself. It offers a manageable yard typical of the neighbourhood.
4. The home was built in 1974. What should I consider?
The build date places it among the older homes on the street and in Mission Gardens. Prospective buyers should factor in the potential need for updates to major aging components like roofing, windows, or mechanical systems, which is common for homes of this era.
5. Where can I find more detailed comparative data?
A neighbourhood analysis map is available for this property, allowing you to visually compare it with nearby homes based on year built, living area, assessed value, and lot size.