Property Overview: 300 Marlton Crescent, Winnipeg
Key Characteristics & Buyer Appeal
This is a well-established, one-storey bungalow situated on an exceptionally large lot in the Marlton neighbourhood. Built in 1957, the home offers 1,196 sqft of living space with a finished basement. Its most defining feature is the expansive 13,188 sqft property, which places it in the top 3% of all Winnipeg homes for lot size. This provides immense outdoor space for gardening, recreation, or future expansion. The home has shown solid market performance, with a recent sale price significantly above its municipal assessment, indicating strong buyer demand for its specific offerings.
The appeal lies in a rare combination of a manageable single-level home and a truly premium-sized parcel of land within the city. It suits buyers looking for a long-term family home with room to grow, DIY enthusiasts or builders who see potential in the generous lot, or those simply valuing extensive private outdoor space over a larger interior footprint. It’s a property where the land is the central asset, offering privacy and possibilities that are increasingly hard to find.
Frequently Asked Questions
1. How does the recent sale price compare to the area?
The 2024 sale at $400,000 outperformed 65% of recent Winnipeg sales and over half in the immediate community, suggesting the property’s unique lot size commands a market premium.
2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, rooms, or ceiling height. A viewing is essential to assess its condition, layout, and whether it’s a casual rec space or includes proper bedrooms.
3. Is there potential for expansion or redevelopment?
The vast lot is the key factor here. While any significant expansion or rebuild would require due diligence with the city (zoning, permits, etc.), the physical space for a large addition, garage, or even future subdivision (subject to approval) is a major advantage.
4. How does the age of the home (1957) factor in?
While the home is older, its ranking shows it’s newer than many in its immediate street. Buyers should budget for updates consistent with the era and prioritize a thorough inspection of major systems like plumbing, electrical, and the foundation.
5. There’s no garage. Can one be built?
Given the enormous lot size, adding a garage or large shed is likely feasible from a space perspective. The main considerations would be zoning bylaws, setback requirements, and the associated construction costs.