Property Overview
This two-storey home in Marlton offers a practical and comfortable living space on a generous 6,561 sqft lot. Built in 1982, its key appeal lies in its above-average size, with 2,180 sqft of finished living area that ranks within the top 10% of its immediate community. The property features a finished basement and an attached garage. Its current assessed value is $538,000, and it last sold in 2019 for $389,000. The home presents a solid value proposition, particularly for its square footage, and sits in a mature neighbourhood with established infrastructure.
The data suggests its primary strength is space. It significantly outperforms most Winnipeg homes in living area, while its lot size and assessment value also rank well above the city average. This makes it especially suitable for growing families, multi-generational households, or buyers seeking room for a home office or recreational space without a premium "new-build" price. Its appeal is grounded in functionality and room to grow rather than modern luxury. A thoughtful perspective is that while the home is older, its high ranking for size in an established area indicates it's a substantial structure on a large parcel—a combination that is increasingly rare and difficult to replicate in newer subdivisions.
Frequently Asked Questions
1. How does the 2019 sale price relate to the current assessment?
The home sold for $389,000 in mid-2019. Its current assessed value of $538,000 reflects the market-wide appreciation over the past five years, and the assessment is used for calculating property taxes, not necessarily setting a sale price.
2. What do the ranking percentages actually mean?
The rankings compare this property to others in its street, community (Marlton), and all of Winnipeg. For example, ranking in the "top 6%" for living area in Winnipeg means 94% of city homes are smaller. This helps gauge how its specific features stack up against the competition.
3. The home is over 40 years old. What should I consider?
While the basement is finished, the building's age means prospective buyers should pay special attention to the condition of major systems like the roof, windows, plumbing, and electrical during an inspection, as some may be nearing or past their typical lifespan.
4. Is the lot size a significant advantage?
At over 6,500 sqft, the lot is larger than many in newer developments. This offers more private outdoor space, potential for gardening, landscaping, or additions, and generally less density than modern infill lots.
5. Why does it rank low on its street for some metrics?
The street appears to consist of only seven properties. Ranking low (e.g., 7th of 7 for lot size) simply means the other six homes on Denton Place have even larger lots, highlighting that it's a street of substantial properties. Its rankings in the broader community and city are more indicative of its overall standing.