Property Overview & Key Characteristics
This 1972-built, one-storey home in Winnipeg's Marlton neighbourhood offers a practical and spacious layout on a large, nearly 6,000 sqft lot. Its key appeal lies in its balance of space and manageability. The 1,040 sqft living area is above average for its immediate street and is complemented by a finished basement, increasing usable space without the upkeep of a larger above-ground footprint. The property's standout feature is its generous lot, providing significant outdoor potential in a city where such space is increasingly valuable.
The home suits first-time buyers or downsizers seeking a single-level living arrangement with room to grow outdoors. Its value proposition is grounded: it ranks in the top third of Winnipeg for lot size and top 40% for assessed value, suggesting a solid foundation relative to the broader market. A thoughtful perspective is its "blank canvas" potential; while the interior may benefit from updates, the large lot and functional layout offer flexibility for future expansion or landscaping projects, allowing a buyer to add personalized value over time.
Frequently Asked Questions
1. How does the home's age affect its condition and costs?
Built in 1972, the home is over 50 years old. Buyers should budget for potential updates to major systems like roofing, plumbing, or wiring, and factor in a thorough inspection. However, its age is newer than 66% of homes on its street, which may indicate a relatively younger housing stock in the immediate area.
2. What are the implications of having no garage?
The lack of a garage means parking and storage will require alternative solutions. This could be a consideration for those with multiple vehicles or needing workshop space. However, the large lot does present an opportunity to add a garage or shed, subject to local bylaws and budget.
3. The community ranking seems low; what does that mean?
The home ranks in the top 94% for lot size within Marlton (meaning only 6% of homes have larger lots), but only in the top 64% for age (36% are newer). This suggests the neighbourhood has a mix of older and newer properties, and this home's appeal is more about its land than being a modern build.
4. Is the finished basement included in the 1,040 sqft living area?
No, typically the listed "living area" refers to above-grade square footage. The finished basement is an additional bonus space, adding to the home's overall functional capacity.
5. How should I interpret the various ranking percentages?
The rankings compare this property to others in three geographic circles: its street, the Marlton community, and all of Winnipeg. For example, ranking in the top 33% in Winnipeg for lot size (beating 67% of homes) highlights the lot as a city-wide advantage. Conversely, ranking in the top 65% for living area (beating 35%) indicates the interior size is more modest by city standards.