Property Overview: 91 Olford Crescent, Mandalay West, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home on Olford Crescent presents a solid, above-average offering within its established Mandalay West neighbourhood. Built in 1986, the property stands out on its street with an assessed value ranking in the top 17%, indicating it is perceived as a higher-quality asset compared to its immediate peers. The 1,549 sqft living space is comfortably above the city average, and the 5,802 sqft lot provides ample outdoor space relative to many urban lots.
The appeal lies in its balanced positioning. It’s not an outlier in any single category but consistently performs above average in key metrics like value, lot size, and building age for the area. This suggests a property that has been maintained well and sits on a desirable parcel. It would particularly suit practical buyers looking for a established, roomy home in a mature neighbourhood without the premium of a brand-new build. It’s a sensible choice for those who value space and stability over flashy updates, and who appreciate a home that holds its own in terms of value within its community context.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold between $300k-$350k in 2017. Its current assessed value is $450k. For an exact, verified sale price history, you can request the information via email from the listing service.
2. Is the house older or newer than others in the area?
Built in 1986, this home is actually newer than many on its street, ranking in the top 15%. It is also newer than the typical Winnipeg home, which averages a 1966 build year.
3. What does the "above average" assessed value ranking mean?
This means the municipal assessment for this home is higher than most comparable properties on Olford Crescent and citywide. This can reflect factors like lot desirability, improvements, or overall condition, but it's important to distinguish assessed value for taxes from current market value.
4. How does the lot size compare?
At 5,802 sqft, the lot is larger than most on Olford Crescent and is typical for the Mandalay West area, offering good outdoor space for a city property.
5. Where can I see how this property fits into the neighbourhood?
You can open the dedicated neighbourhood analysis page linked in the details to view an interactive map comparing this home to nearby properties by year built, size, value, and lot dimensions.