Property Overview
14 Martell Crescent is a well-situated home in Winnipeg's The Maples neighborhood. Built in 1973, it presents a practical opportunity with a straightforward value proposition. The home's assessed value is consistently around the average for its immediate street, neighborhood, and the wider city, suggesting a stable and fair market positioning. Its living space, at 829 sqft, is notably compact compared to most homes in the area, which is its most defining characteristic. However, it sits on a roughly average-sized lot of just under 5,800 sqft for the neighborhood.
Key Characteristics & Ideal Buyer
The primary appeal of this property lies in its efficiency and location. The home is older than most on its specific street, indicating potentially well-established foundations and mature landscaping. Its smaller size translates to lower utility costs and less maintenance, while the lot size offers standard outdoor space for the area. The value is anchored by its assessed value being in line with community averages, suggesting it's not overpriced relative to its peers.
This home would best suit first-time buyers or downsizers seeking an affordable entry into a stable Winnipeg neighborhood without the upkeep of a larger house. It’s a practical choice for those who prioritize a sensible financial footprint over ample indoor square footage. An investor might also see it as a lower-priced rental option in a consistent market.
Frequently Asked Questions
1. Is the smaller living area a concern?
Yes, it's a significant consideration. At 829 sqft, the home's living space is below the average for the street, neighborhood, and city. This suits minimalist living but may feel cramped for families or those needing home office space.
2. How does the assessed value compare to likely selling price?
The assessed value of $342k is a municipal valuation for tax purposes. While it provides a benchmark, the actual selling price is determined by the market. The data shows this assessment is very typical for comparable homes in The Maples.
3. What does the year built tell us?
Built in 1973, this home is actually older than most on its own street. This can mean mature trees and a settled property, but buyers should budget for potential updates to original components like windows, roof, or major systems.
4. Can I get the exact sale history for this property?
The public data does not show a detailed transaction history. The site offers a manual lookup service where you can request exact sold price figures and history via email, as MLS records are not published here.
5. How does the lot size compare?
At 5,792 sqft, the lot is very close to the street average and is actually slightly larger than the average lot in The Maples neighborhood. This is a positive aspect, offering standard outdoor space.