Property Overview & Key Characteristics
This home at 6 Stardust Crescent in Winnipeg’s Leila-Mcphillips Triangle neighbourhood presents a compelling opportunity based on its standout metrics. Built in 1987, it offers a generous 2,024 square feet of living space, placing it in the top 10% for size both on its street and citywide. It sits on a sizable 7,033 sqft lot, providing ample outdoor space. The home’s assessed value of $51,900 is notably above average for the immediate area.
Its primary appeal lies in offering above-average space and lot size in a mature, established neighbourhood. The data suggests it’s a property that has consistently held value well, with its last known sale occurring in the $500k-$550k range in 2021. This home would best suit buyers looking for a spacious, solidly built property from the late 1980s, who prioritize room to grow over a brand-new build. It’s ideal for a family seeking a long-term home with a large yard, or for someone who appreciates a house that statistically outperforms many of its local and city-wide peers in terms of square footage and assessed value.
Frequently Asked Questions
1. What does the "top 10%" ranking for living area actually mean?
It means this home's interior square footage is larger than approximately 90% of the comparable homes used for the benchmark on its street, and also larger than 90% of comparable homes across the entire city, indicating it is exceptionally spacious for its peer group.
2. The assessed value seems low at $51,900. Is that the market price?
No. In Manitoba, the assessed value is for municipal tax purposes and is not an indicator of market value. The market value is significantly higher, as reflected in the home's 2021 sale price range of $500,000 to $550,000.
3. How does the lot size compare to newer subdivisions?
At just over 7,000 sqft, the lot is above the city-wide average for comparable homes. This is a notably larger parcel than typically found in many modern subdivisions, offering more privacy and landscaping potential.
4. The home was last sold in 2021. What does that suggest?
A relatively recent sale can indicate a property that has been updated or maintained by the current owners. It also provides a more contemporary price benchmark than homes that haven’t changed hands in decades.
5. The "Year Built" ranking is only "around average" for the neighbourhood. Is that a concern?
Not necessarily. Being built in 1987 places it in a sweet spot—new enough to potentially avoid some major issues of much older homes, but established within a mature community with grown landscaping and settled infrastructure. It’s a typical age for the well-regarded Leila-Mcphillips Triangle area.