Property Overview: 7 Mayfield Crescent
This well-established Elmhurst home, built in 1990, presents a practical and comfortable living opportunity. Its key appeal lies in its balance of space, location, and value within a mature neighbourhood. The 1,546 sqft one-and-a-half storey home sits on a generous 6,499 sqft lot and features a finished basement and an attached garage. The data suggests a property that outperforms most of Winnipeg in assessed value (top 15%) and is newer than most homes in the broader city and local community. It offers a solid foundation in a sought-after area, ranking highly for its lot size and modern build relative to its surroundings.
The home would suit buyers looking for a move-in ready property in a prime neighbourhood without the premium of a brand-new build. It’s ideal for small families or professionals seeking established community amenities, larger outdoor space, and the character of an older, well-kept area. A thoughtful perspective is that while its living space is average for the immediate street, its superior lot size and above-average assessment for the community indicate a property with strong underlying value and potential.
Frequently Asked Questions
1. How does this home compare to others in Elmhurst?
It ranks very well in key metrics. It's newer than 85% of homes in the community, and its assessed value is higher than 79% of them, suggesting it is a well-regarded property within a desirable area.
2. Is the basement included in the listed living area?
No. The 1,546 sqft living area refers to the above-ground finished space. The home also has a separate, finished basement, which provides additional usable rooms.
3. What does the "one & 1/2 storey" design mean?
This is a classic architectural style typically featuring main living areas on the ground floor and bedrooms on a second floor that may have sloped ceilings or a slightly reduced footprint, offering a cozy and efficient layout.
4. The home is 36 years old. What should I consider?
While newer than most Winnipeg homes, a 1990 build means major components like the roof, windows, and HVAC system may be nearing or due for updates. A thorough inspection is advised to budget for future maintenance.
5. The lot seems large. What are the benefits?
At 6,499 sqft, the lot is larger than average, offering more private outdoor space for gardening, recreation, or future additions like a deck or shed. It also contributes significantly to the property's overall value and appeal.