Property Overview: 3 Arthur Wright Crescent, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft home, built in 1984, sits on a 4,597 sqft lot in Mandalay West. Its primary appeal lies in its position as a solid, average-sized home in a mature neighbourhood, offering a practical entry point into the market. The data suggests it is a property of contrasts: while its living area is comfortably in the middle range for the street and city, its lot size is notably more compact than most on its crescent. The assessed value is below average for the immediate area, which could indicate a value opportunity for a buyer willing to invest in updates, or simply reflect the home's current condition and lot size.
This home would likely suit a first-time buyer or a practical downsizer looking for a manageable property without the upkeep of a larger lot. Its average metrics suggest predictability rather than standout features, making it a candidate for someone focused on location and fundamentals over premium space or land. A thoughtful perspective is that a smaller lot in a neighbourhood of larger ones can mean less maintenance and lower property taxes, aligning with a simpler, more efficient lifestyle. The fact that it’s newer than the city-wide average for homes is a subtle plus for its core structure and systems.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The assessed value is below the average for both Arthur Wright Crescent and the wider Mandalay West area. This could represent a value opportunity, but it's important to understand why—factors could include the home's condition, the smaller lot size, or its specific location on the street.
2. How does the lot size impact the property?
At 4,597 sqft, the lot is smaller than most on the street. This means less yard maintenance, which some buyers may prefer. However, it also means less private outdoor space and potentially less room for expansions like a large deck or addition, compared to neighbours.
3. What can the sale history tell me?
The home sold for an estimated $250k–$300k in 2017. For the exact sale price, you can request it via email from the site. This history provides a benchmark, but current market conditions and any changes to the property since then will be the primary drivers of its present value.
4. How does this home compare to others in Winnipeg?
City-wide, this home is around average in living area, assessed value, and lot size. Its year built (1984) is actually newer than the Winnipeg average. This positions it as a very typical Winnipeg property in terms of space and age, but within a specific neighbourhood context.
5. Who would this home not suit?
Buyers seeking a large yard, above-average square footage for the price, or a home that stands out as a top-tier property on its street might want to look elsewhere. It’s best suited for those with realistic expectations for a home in this price and age bracket.