Property Overview: 406 Mandalay Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 406 Mandalay Drive in Mandalay West is a practical, mid-century bungalow built in 1978. Its primary appeal lies in offering solid value and above-average space for its immediate neighborhood. With 947 sqft of living area, it ranks in the top 28% for size on its own street, meaning it is notably more spacious than many direct comparables. The lot is a manageable 3,145 sqft, typical for the street but smaller than the wider city average, which translates to less yard maintenance.
The home’s assessed value is modest relative to both the broader Mandalay West area and Winnipeg overall, suggesting a potentially accessible entry point into the market. A recent sale in the $300k-$350k range aligns with this value positioning. This property would suit first-time buyers or downsizers looking for a comfortable, no-frills home in an established neighborhood without a premium price tag. Its above-average size for the street offers a less obvious advantage: more interior flexibility than neighboring homes, which could be appealing for someone needing a home office or extra living space in a traditionally sized lot setting.
Section 2: Frequently Asked Questions
1. How does this home’s size really compare?
While its living area is below the city-wide average, it is actually larger than most homes on Mandalay Drive itself, ranking in the top third for the street. This means you get more interior space than many of your immediate neighbors would.
2. Is the assessed value a good indicator of the property tax?
The assessed value is one component used to calculate property taxes. With an assessment that is below average for both the Mandalay West area and the city, the property taxes here are likely to be comparatively lower, which is a key ongoing cost consideration.
3. What does the lot size mean for me?
At 3,145 sqft, the lot is very typical for Mandalay Drive but is considered below average for both the broader neighborhood and Winnipeg. This is ideal for those seeking a lower-maintenance yard but may not suit buyers looking for extensive outdoor space or expansion potential.
4. The home was built in 1978. What should I consider?
Homes of this age are common in established Winnipeg neighborhoods. A thorough inspection is recommended to understand the condition of major systems like roofing, windows, plumbing, and electrical, which may be nearing or past their typical lifespans.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. For the precise sale price history, you can request it directly via the email link on the property page. The service is manual but provided without marketing spam.