Property Overview: 181 Marshall Crescent, Winnipeg
Key Characteristics & Appeal
This home at 181 Marshall Crescent in Maybank is a classic, mid-century property that presents a solid, average-value proposition within its established neighbourhood. Built in 1957, the 1,069 sqft house sits on a notably generous 6,696 sqft lot, which is a standout feature—ranking within the top 15% of lots in Maybank for its size. This offers significant potential for gardening, outdoor living, or future expansion.
The home’s appeal lies in its balance and stability. Its living area, assessed value, and age are all consistently around the average mark for the immediate street, the wider Maybank area, and the city overall. This indicates a property that is neither over-improved nor under-improved for its setting, reducing the risk of overpaying for premium features or inheriting a project far out of step with the neighbourhood. It last sold between $300k-$350k in 2021.
This property would best suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a large, established lot in a mature neighbourhood over a recently renovated interior. It’s a home that offers a clear canvas for personalization while providing the security of a stable, middle-of-the-road investment in a community context.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. While the house itself is average in size and value for the area, the lot is substantially larger than most in Maybank and across Winnipeg. This is a less obvious asset that provides more privacy, space, and long-term flexibility than many similarly priced properties.
2. What does "around average" for most metrics actually mean?
It means this property is very typical for its community. For a buyer, this can be an advantage: it suggests the home is unlikely to have unusual quirks or excessive premium costs baked into the price, making its value and future resale easier to gauge based on standard market trends.
3. Who might this property not suit?
Buyers seeking a modern, move-in-ready home or those with no interest in utilizing or maintaining a large yard may find better value elsewhere. The appeal here is grounded in the lot's potential and the stability of an average home in an established area.
4. How current is the value assessment?
The provided assessed value is a municipal tax assessment ($35.90k), not a market appraisal. Market value is determined by recent sales, like the 2021 sale in the $300k-$350k range. For the exact historical sold price, you can request it via email from the site.
5. What are the next steps to understand the neighbourhood better?
The listing suggests using the "neighbourhood analysis page" to see this property on a map alongside nearby homes, comparing details like year built, lot size, and value visually. This can provide immediate context about the streetscape and how 181 Marshall Crescent fits within it.