Property Overview & Key Characteristics
This 1979-built home on Heft Crescent in Mandalay West presents a practical opportunity in Winnipeg's housing market. Its key appeal lies in its relative value and efficient layout. At 1,092 sqft, the living space is notably above average for its immediate street and represents a well-sized footprint for a smaller household. The lot size of 4,398 sqft is standard for the area, offering manageable outdoor space.
The home’s assessed value is positioned below average for both the street and the wider Mandalay West neighbourhood, which can signal an entry point for buyers or indicate potential for value growth. It last sold in the $300k-$350k range in 2023. The property suits first-time buyers or downsizers looking for a established, no-frills home in a mature neighbourhood without a premium price tag. Its appeal is grounded in practicality rather than luxury, offering space that outperforms many direct comparables on the same street.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,092 sqft, the living area is larger than most homes on Heft Crescent itself, ranking in the top 25% on the street. It is a competitively sized home within the immediate area.
2. Is the assessed value typical for the area?
No, the assessed value is below the average for both Heft Crescent and the broader Mandalay West neighbourhood. This could be due to factors like the home’s condition, specific features, or the timing of assessment, and may represent a value opportunity.
3. What is the neighbourhood like for a home built in 1979?
Mandalay West is a well-established area. This home is slightly older than the neighbourhood average, meaning the surrounding community is generally mature with settled landscaping and infrastructure.
4. How can I find out the exact past sale price?
The provided sale data shows a range. For the precise sale price, you can request it via email from the listing source, which manually provides this detail.
5. What might the below-average lot size mean for me?
While the lot is smaller than many in Mandalay West, it is close to the city-wide average. This typically means lower maintenance for yard work and may contribute to the home’s overall affordability compared to neighbours with larger plots.