Property Summary: 120 Matlock Crescent
Key Characteristics & Appeal
This is a substantial, modern family home situated on a large, quarter-acre lot in the Betsworth area of Winnipeg. Built in 2000, the property offers over 3,200 square feet of finished living space across two stories, plus a developed basement. Its standout features include a private in-ground swimming pool and an attached garage.
The home’s primary appeal lies in its exceptional space and established, high-ranking position within the market. It ranks in the top tier for its size, value, and lot dimensions not just on its street, but across the wider community and city. This suggests a property that is both a comfortable long-term family home and a statistically strong asset. It would perfectly suit a growing or multi-generational family seeking ample indoor and outdoor space for recreation and entertaining, and who value a home that is modern enough to avoid major immediate renovations but established within a mature neighbourhood.
A less obvious perspective is the value of its "finished" state. With both the basement and pool already completed, the new owner inherits usable amenities without the hassle, time, and uncertainty of managing major construction projects, allowing for immediate enjoyment.
Frequently Asked Questions
1. How does the swimming pool impact insurance and maintenance costs?
A private pool increases annual maintenance and will typically raise homeowner insurance premiums due to liability. Prospective buyers should budget for ongoing chemical, cleaning, and utility costs, as well as potential liner or equipment repairs.
2. What does the high assessment value relative to the area mean?
The assessment of $1.084 million, ranking in the top 1% of the city, reflects the combined value of the large lot, extensive finished square footage, and premium amenities like the pool. It is a strong indicator of the property's premium market position, but the final sale price is determined by current market conditions.
3. Is the basement included in the 3,264 sqft living area?
Typically, "living area" refers to above-grade square footage. The listing specifies the basement is developed separately, meaning the total usable space of the home is significantly larger than the 3,264 sqft listed as the main living area.
4. What are the typical property taxes for a home with this assessment?
Based on the current assessed value, property taxes would be substantial. Buyers should use the City of Winnipeg's tax calculator with the provided assessment for an accurate estimate.
5. The home is 26 years old; what major systems might need attention?
While modern, key components like the roof, HVAC system, windows, and pool equipment are now in the stage of their lifecycle where inspection and potential future replacement should be considered. A thorough home inspection is highly advised.