203 Mayfield Crescent

Property Overview: 203 Mayfield Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established two-storey home in Elmhurst offers substantial space and a proven track record of value. Its key characteristic is its generous 2,613 sqft of living area, which places it in the top 1-2% of homes in its immediate area for size. Situated on a large 7,632 sqft lot, the property includes a finished basement and an attached garage. Built in 1989, it is a mature home in a settled neighbourhood.

The appeal lies in its combination of space, a desirable lot, and strong market positioning. The data indicates it consistently ranks highly against local comparables for size, assessed value, and past sale price, suggesting a property that has maintained its competitive edge. It’s a home for buyers who prioritize interior square footage and outdoor space over a brand-new build. It would particularly suit growing families needing room to spread out, or value-conscious buyers looking for an established home in a mature neighbourhood without compromising on living area. A thoughtful perspective is that while the home is 37 years old, its high rankings for assessed value and recent sale price imply it has been updated or maintained in a way that keeps it financially competitive with newer homes in the wider market.

Section 2: Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in the area for specific metrics. For example, ranking in the "top 1%" for living area on its street means 99% of homes on Mayfield Crescent are smaller. It's a quick way to gauge the home's relative strengths.

2. The home was last sold in 2020. Is that a concern?
Not necessarily. The data shows that 2020 sale price ranked in the top 7% for Winnipeg at the time, indicating a strong purchase. A stable ownership period of several years can suggest satisfied owners and a settled property.

3. Are there any obvious drawbacks?
The provided details note there is no swimming pool. The home's age (37 years) means prospective buyers should pay close attention to the condition of major systems like roof, HVAC, and windows during an inspection, which is typical for homes of this era.

4. How significant is the lot size?
At over 7,600 sqft, the lot is substantially larger than many newer subdivisions allow. This offers great potential for gardening, outdoor recreation, privacy, and future additions like a deck or shed, which is a key asset.

5. What is the neighbourhood like?
Elmhurst is a mature, established neighbourhood. The high rankings for the home's value within the community suggest it fits well in an area that holds its desirability. Buyers should visit to assess the character, proximity to amenities, and street appeal firsthand.