Property Overview: 46 Barnstaple Cove, Winnipeg
Key Characteristics & Appeal
This two-storey home in Marlton is defined by its generous, established lot and spacious interior. Built in 1979, it sits on a large 8,342 sqft property, offering significant outdoor space that ranks highly city-wide. The 1,917 sqft living area is above average for its community, providing ample room for a growing household or those who value space. A finished basement adds functional living area. Its appeal lies in this combination of a sizable, private yard and a home with a practical, roomy layout—a profile that has become increasingly sought-after. The property’s overall assessed value ranks in the top 15% of Winnipeg, indicating strong fundamental value for the lot and improvements.
This home would best suit buyers looking for a long-term family home where the land itself is a major asset. It’s ideal for those who prioritize space over a brand-new build, appreciate the maturity of an established neighbourhood, and may have plans to personalize or update the interior over time. It represents a classic Winnipeg proposition: solid square footage and a large yard, offering a canvas for the next owner.
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 all of Winnipeg. For example, its land size is in the top 10% city-wide, a standout feature, while the home’s age is newer than most in its immediate community but older than the city average. This helps highlight its relative strengths.
2. Is the lack of a garage a significant drawback?
For some buyers, yes. It limits vehicle storage and workshop space. However, the very large lot presents a clear opportunity to add a garage or substantial shed, which could be a worthwhile investment for the right buyer.
3. What might “finished basement” entail in a 1979 home?
It typically means a developed living space, but finishes and layout may reflect the era. Buyers should inquire about ceiling height, the extent of the finish, and ensure it meets current needs for a rec room, office, or additional bedrooms.
4. How should I interpret the assessed value?
The $517,000 assessment is for municipal tax purposes and reflects the city’s valuation of the property. It’s a useful benchmark, but the final market price is determined by current buyer demand, condition, and recent comparable sales.
5. What are the less obvious considerations with a large, 47-year-old lot?
The mature trees and landscaping are a benefit but may require maintenance. It’s wise to check for the health of large trees and the condition of any older fences. The lot size also suggests potential for future landscaping projects or additions, subject to local bylaws.