Property Summary: 327 Marlton Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, well-situated bungalow on an exceptionally large lot in the Marlton neighbourhood. Its primary appeal lies in the combination of a generous, private 21,254 sqft property—a rarity within the city—and a functional, single-level layout with a finished basement. The home itself, built in 1955, offers 1,111 sqft of living space and presents a solid foundation.
The property's standout strength is its land. With a lot size that ranks in the top 1% of all Winnipeg properties, it offers tremendous potential. This could suit a buyer seeking space for gardens, recreation, or future expansion. The home’s rankings suggest it is a comfortable, established property in its immediate area, but the extraordinary lot size is its defining competitive advantage. It would particularly suit value-conscious buyers or investors who prioritize land over a modern or large house, including those looking for a long-term family home with room to grow, or someone interested in the possibility of subdivision or redevelopment, subject to city approvals.
Section 2: Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Marlton, and across Winnipeg. They confirm the lot size is its most exceptional feature (top 1% city-wide), while the house itself is more average for the area in terms of size, age, and assessed value.
2. Is the house dated, and what would need updating?
Built in 1955, the home is 71 years old. Buyers should budget for updates consistent with a home of this age. The "finished basement" is a positive, but the condition and quality of that finish should be verified.
3. What can I do with such a large lot?
Beyond a spacious yard, a lot of this scale may offer future options like adding a sizable garage, workshop, or even exploring subdivision. Any major changes would require research into Winnipeg's zoning bylaws and approval processes.
4. Who is the typical buyer in this neighbourhood?
Marlton attracts a mix of long-term residents and practical buyers seeking value. This property, with its large lot, would also draw buyers specifically looking for more land than is typically available in mature neighbourhoods.
5. How does the assessed value relate to the likely selling price?
The $410,000 assessment is a municipal valuation for tax purposes. In a competitive market, a unique feature like this lot can drive the final sale price significantly higher than the assessment, as it reflects a scarce commodity.