Property Overview: 50 Olford Crescent, Winnipeg
Key Characteristics & Appeal
This well-situated home in Mandalay West presents a balanced offering for buyers seeking established value. Built in 1986, its age is an advantage on its street, ranking in the top 15% for being newer than most neighbours. The property stands out for its generous 5,814 sqft lot, which is larger than most on Olford Crescent, offering above-average outdoor space. With 1,381 sqft of living area, the home is comfortably sized, aligning closely with the Winnipeg average. Its assessed value positions it as a solid, above-average investment within its immediate crescent, suggesting good upkeep and desirability.
The appeal lies in its proven stability within a mature neighbourhood. It suits practical buyers—perhaps young families or downsizers—who prioritize space and a settled community over a brand-new build. A thoughtful perspective is that this home represents the "reliable middle" of the market: it doesn't lead in every category city-wide, but it excels in key metrics (lot size, newer build) on its own street, indicating a good standing in its specific micro-market. It’s a property for someone who values a established neighbourhood character and tangible space over flashy updates.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home holds a strong position on its own street, particularly for its newer construction date and larger lot size compared to direct neighbours. City-wide, it sits around average for size and value, indicating it's a representative and competitively priced home for Winnipeg.
2. What is the exact past sale price?
Public records show a sale between CA$350k–400k in 2017. For the precise sale price, you can request it via email from the listing service; they provide this detail manually without marketing spam.
3. Is the lot size a significant feature?
Yes. The lot is in the top 13% on Olford Crescent for size. This means more private outdoor space than most homes on the street, which is a valuable and less replaceable asset than interior square footage.
4. What does the assessed value ranking mean?
An assessed value ranking "above average" on its street suggests the municipal assessment—used for property taxes—views it favorably compared to nearby homes, often reflecting improvements, condition, or desirable attributes.
5. Who would this home suit best?
It would suit buyers looking for an established neighbourhood with more outdoor space. It's ideal for those who see value in a home that is well-placed within its immediate community, even if it isn't a standout in broader city comparisons.