Property Overview: 66 Heft Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Mandalay West presents a solid, mid-century offering built in 1980. With 1,040 sqft of living space and a 4,399 sqft lot, its proportions are practical and manageable. The standout characteristic is its assessed value of $39,300, which ranks in the top 7% on its own street, suggesting the property is viewed favorably relative to its immediate neighbors. This could indicate above-average upkeep, desirable lot placement, or improvements not fully captured in the living area metrics.
Its appeal lies in its established neighborhood setting and relative value within its local context. The home sits on a quiet crescent, and while its size is average for the area, it offers a balanced footprint without excessive maintenance. The recent sale history (2024, in the $400k-$450k range) aligns with city-wide trends, providing a clear, modern benchmark.
This property would best suit practical buyers seeking a straightforward home in a mature community. It’s ideal for first-time homeowners, small families, or downsizers who prioritize neighborhood stability over a brand-new build. A thoughtful buyer might see potential in the fact that its assessed value outperforms its street, possibly viewing it as a stable asset with room to personalize, rather than a project requiring immediate major investment.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The assessed value ($39,300) is for municipal tax purposes and is historically much lower than market value. The home sold for between $400,000 and $450,000 in 2024, which is the relevant figure for understanding its current market worth.
2. Is the living space considered small?
At 1,040 sqft, it is slightly above the average for Mandalay West (1,025 sqft) and very close to the city average. It offers a functional amount of space for its target market, typical of many homes built in its era.
3. What does the "Top 7%" ranking for assessed value on the street mean?
This means that, compared to the 28 homes on Heft Crescent used for comparison, this property’s assessed value is higher than 93% of them. It’s a strong indicator that this specific property is considered one of the more valuable lots or improved properties on the block.
4. How old is the home, and what might that imply?
Built in 1980, the home is 46 years old. Buyers should budget for updates consistent with its age, such as roofing, windows, or mechanical systems. However, its build year is newer than many homes citywide and is average for its immediate street.
5. Can I get the exact historical sale price?
The public data shows a price range. The listing service offers to provide the exact sold price via email upon request, which they handle manually without using your email for unsolicited marketing.