Property Summary: 216 Marlton Crescent
Section 1: Key Characteristics & Appeal
This is a well-established, single-storey home on a large, 6,460 sqft lot in the Marlton neighbourhood. Built in 1974, its key features include a fully finished basement and an attached garage. With 1,077 sqft of living space, it offers a practical layout for comfortable living.
The primary appeal lies in its generous lot size, which is notably larger than many in the immediate area, offering valuable outdoor space and potential. The home presents a solid, move-in-ready foundation with the benefits of a mature neighbourhood. Its competitive positioning within Winnipeg—ranking ahead of 77% of properties for lot size and 54% for age—suggests it offers relative scarcity value in these categories.
This property would best suit first-time buyers, downsizers, or practical investors looking for a low-maintenance, single-level living option without sacrificing yard space. It’s for those who value established communities and a tangible asset—a house and land—over modern finishes, seeing the home itself as a dependable canvas.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Marlton, and across all of Winnipeg. For example, ranking ahead of 77% of Winnipeg homes for lot size means its lot is larger than most in the city, a significant advantage.
2. Is a 52-year-old home a concern?
While the building is mature, its age is actually newer than 54% of Winnipeg homes, per the data. The fully finished basement suggests updates have been made. A thorough inspection is always advised to understand the condition of major systems like roof, wiring, and plumbing.
3. Who might find the finished basement most valuable?
Beyond extra living space, it could be ideal for a home office, a separate area for teens or extended family, or a dedicated hobby space—effectively increasing the usable square footage beyond the main floor.
4. The assessed value is lower than the asking price. Why?
Municipal assessments for tax purposes often lag behind the current market and use a different valuation model. The sale price is determined by what buyers are willing to pay in today’s market, considering factors like the desirable lot size.
5. What are the less obvious considerations with a large lot?
A large lot provides room for gardens, play, or future additions like a shed or deck. However, it also means more yard maintenance. It’s worth considering how you plan to use the space to ensure it aligns with your lifestyle.