Property Overview: 51 Arthur Wright Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 51 Arthur Wright Crescent is a well-established property in the Mandalay West neighbourhood, built in 1984. With 1,040 sqft of living space and a 6,279 sqft lot, its size is comfortably average for its immediate street and area, but the lot size stands out as above average when compared to wider Mandalay West and city benchmarks. This suggests a more generous outdoor space than many comparable properties.
The primary appeal lies in its position as a grounded, typical home for the area, not an outlier in size or assessed value. Its assessed value of $340k is notably below average for its own street and neighbourhood, which could indicate potential value for a buyer relative to nearby homes. The property suits practical buyers looking for a stable, no-surprises home in a mature community. It would appeal to first-time homeowners seeking entry into a settled area, or downsizers wanting a manageable property with a decent yard without a premium price tag. A thoughtful perspective is that while the home itself is average in metrics, the combination of a larger-than-typical lot for the sub-area and a below-average assessment for its immediate peers might present an opportunity for someone valuing outdoor space or seeing potential where the market has not yet applied a premium.
Section 2: Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
Not directly. The assessed value of $340k is for municipal tax purposes. Notably, it ranks below average for both Arthur Wright Crescent and Mandalay West, while being around average city-wide. Recent sale data shows a home on the same street sold in the $250k-$300k range in 2016. Market conditions, the home's condition, and updates will determine the final sale price.
2. How does the lot size compare to nearby properties?
The 6,279 sqft lot is a key feature. It's around average for Arthur Wright Crescent but ranks in the top 28% for lot size within the broader Mandalay West area, meaning it's larger than most lots in the neighbourhood.
3. What does the "ranking" data for Year Built mean?
Built in 1984, the home is of a typical vintage for its street and area. However, city-wide, it ranks in the top 30%, meaning it is newer than about 70% of homes across Winnipeg. This points to it being in a relatively more modern neighbourhood compared to the city's overall housing stock.
4. Who would I be competing with to buy this home?
Given its profile, likely buyers are those seeking a practical, mid-sized home in a mature neighbourhood without requiring extensive modernization. It could attract first-time buyers, small families, or investors looking for a stable rental property, given its established community context.
5. How can I find out the exact historical sale prices?
The public data shows price ranges only. The listing service offers to provide exact sold price history via a manual email request, which they state they will fulfill without using your email for unsolicited marketing.