10 Olford Crescent

Property Overview: 10 Olford Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 10 Olford Crescent in Mandalay West presents a solid, above-average offering within its established neighbourhood. Built in 1986, the property stands out on its street with an assessed value in the top 15% and a lot size that is larger than most nearby. With 1,472 sqft of living space, it is very typical for the area, suggesting a practical layout without extreme size variations. Its appeal lies in its positional strength—it’s a property that consistently performs better than many of its immediate peers on key metrics like value and lot size, indicating a desirable location on the crescent. This isn't a standout city-wide luxury home, but rather a strong contender within its specific community, offering stability and space.

It would suit buyers looking for a dependable home in a mature neighbourhood, who value a property that holds its own and offers a bit more land than others on the block. It's ideal for someone who prioritizes neighbourhood comparables and long-term value over a brand-new build or a complete renovation project.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it's stronger than most on its street. It ranks 8th of 54 for assessed value and 16th of 54 for lot size on Olford Crescent, meaning it's in the top tier locally for those attributes, while the living area is squarely average for the neighbourhood.

2. What does the sold price history indicate?
It last sold between $350k-$400k in 2019. The current assessed value is $452k. This significant increase reflects broader market trends and the property's strong standing on the street. For the exact historical sold price, you can request details via email from the listing source.

3. Is the 1986 build date a concern?
The year built (1986) is actually above average for both the street and city-wide, ranking in the top 15% on Olford Crescent. This means the home is newer than many in the immediate vicinity, though major systems like the roof, windows, or furnace may be due for inspection or updates based on their individual age and maintenance.

4. Who would this property not suit?
Buyers seeking a move-in-ready, modern home with recent high-end finishes may find the 1986 era requires updates. It also may not suit those looking for a dramatically larger or smaller home than the neighbourhood norm, as its living area is very typical for Mandalay West.

5. What are the less obvious points to consider?
The property's lot size (5,697 sqft) is notably above the street average, offering more outdoor space than many neighbours—a valuable and unchangeable asset. Additionally, its consistent "above-average" rankings on the street suggest a premium position or condition on Olford Crescent itself, which is a subtle but important detail when comparing two similar houses in the same area.