Property Overview: 22 Sedona Crescent, Mandalay West, Winnipeg
Key Characteristics & Appeal
This well-situated home in Mandalay West offers a balanced and above-average package for its locale. Built in 2005, it represents a modern construction era while being established within a mature neighbourhood. Its primary appeal lies in its generous 1,712 sqft living area, which ranks within the top 20% city-wide and offers more space than most comparable homes in both the immediate area and across Winnipeg. The lot size is standard for the street, providing typical suburban outdoor space.
The home’s assessed value is notably above average for the broader Mandalay West area and the city, suggesting a perception of solid value by municipal assessors. A key, less obvious perspective is that this property sits in a "sweet spot"—it’s not the newest nor the largest on its street, but it consistently outperforms broader averages. This indicates a home that likely offers reliable, competitive specs without an extreme premium, appealing to those seeking sensible value. It would suit move-up buyers or growing families looking for a spacious, turn-key home in a stable suburban setting without venturing into a brand-new development. The last known sale was in the 2021 $500k-$550k range, providing a recent market benchmark.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it’s a strong performer in living space. While its age and lot size are fairly typical for Sedona Crescent, its living area is larger than about 80% of similar homes city-wide and its assessed value ranks higher than roughly 84% of homes in Mandalay West.
2. What does the assessed value tell me about the property taxes?
The assessed value of $50.20k is the value assigned by the city for taxation purposes. You can estimate annual property taxes by multiplying this figure by the current municipal tax rate. This assessment is above average for the area, which may indicate slightly higher taxes but also reflects the city’s valuation of the property.
3. The home sold in 2021. What has likely changed since then?
While the physical attributes remain, the market conditions and comparable sale prices have evolved. The $500k-$550k sale price from 2021 is a historical data point; the current value will be influenced by 2024-2025 market trends, any updates made by the owners, and interest rate environments.
4. Is the lot size a constraint for expansion or outdoor living?
At 5,690 sqft, the lot is around average for the street and neighbourhood. It provides standard suburban yard space but may limit extensive additions or large detached structures compared to properties on larger, irregular lots.
5. How can I find out the exact historical sale price?
The provider offers a manual service to obtain the precise sold price. You can submit your email via the "Get exact sold price history" button, and they aim to reply with the accurate figure by the end of the same business day, without using your email for unsolicited marketing.