Property Overview: 305 Marlton Crescent
Key Characteristics & Appeal
This is a well-established, single-storey home on an exceptionally large, 20,900 sqft lot in Winnipeg's Marlton area. Built in 1952, the 944 sqft house features a finished basement and a detached garage. The property’s standout feature is its land size, which places it in the top 1% of all residential lots in Winnipeg, offering rare potential for expansion, gardening, or outdoor living.
Its appeal lies in a balance of space and practicality. While the house itself is modest in size and age, the vast lot represents a significant long-term asset in a city where such large parcels are increasingly uncommon. It suits buyers looking for a solid starter or retirement home with a manageable footprint, but who prioritize generous outdoor space over a modern or large interior. It would also appeal to value-oriented investors or builders who see the underlying land value and future potential, whether for enjoyment, renovation, or eventual redevelopment.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The ranking indicates that this property's lot is larger than 99% of all residential lots in Winnipeg, making it a truly rare find for its sheer land area within the city.
2. The house is older and smaller than many others. Where is the value?
The value is primarily in the land. You are purchasing significant future potential—whether for adding onto the existing home, creating extensive gardens, or holding it as a land asset—in addition to a livable house.
3. Is the finished basement included in the 944 sqft living area?
No, the 944 sqft refers to the above-ground living space. The finished basement provides additional usable area, which is a functional bonus to the main floor plan.
4. What should I consider about a home from 1952?
While it offers charm and established neighbourhood roots, a home of this age will likely have original or older core components (like plumbing, electrical, and the roof). A thorough inspection is essential to understand the condition and any needed updates.
5. The rankings show the house is newer than only 13% of homes in the area. Is that a concern?
This highlights that the neighbourhood has many newer homes. This isn't necessarily a drawback, but it sets clear expectations: you are buying into an area with modern comparables, where the value of this specific property is anchored by its extraordinary lot, not the age of the structure.