Property Overview: 4 Prelest Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 4 Prelest Place in Mandalay West is a practical and well-situated property built in 1990. With 1,252 sqft of living space on a 5,654 sqft lot, it offers comfortable, single-family living. Its appeal lies in its solid positioning within the broader market. While the home's living area is modest compared to its immediate street, it is squarely average when compared to the wider Mandalay West neighbourhood and the city of Winnipeg. This suggests a property that offers the essentials without a premium price for excessive size.
The home would suit first-time buyers or downsizers looking for an established, no-fuss property in a mature neighbourhood. Its assessed value is consistent with similar homes locally, indicating stable municipal valuation. A thoughtful perspective for buyers is the home’s age: built in 1990, it is newer than the average Winnipeg home, which may mean fewer concerns with outdated building materials or major systems nearing end-of-life, compared to much older stock in the city. The last known sale was in the 2022-2025 period for between $450,000 and $500,000, providing a recent benchmark for market value.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,252 sqft, the living area is below average for Prelest Place itself but is very typical for both the Mandalay West neighbourhood and the city of Winnipeg overall, representing a standard, manageable footprint.
2. What does the assessed value tell me?
The assessed value of $45,400 is around average for the street and neighbourhood, but ranks above average citywide. This indicates the property is valued in line with its immediate area, but may be in a desirable zone compared to the entire Winnipeg market.
3. Is the lot a good size?
The lot of 5,654 sqft is standard, ranking around the middle of the pack for the street, neighbourhood, and city. It provides typical suburban outdoor space without being exceptionally large or small.
4. How can I find out the exact past sale price?
The listed sale price is a public data range. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. How does the year built affect this property?
Built in 1990, the home is newer than over 75% of homes in Winnipeg. Within its own neighbourhood, it is also above average in age, meaning it’s among the newer homes in an established area, potentially offering a balance of modern infrastructure and mature landscaping.