Property Overview & Key Characteristics
40 Marshall Crescent is a well-established home in Winnipeg's Maybank neighbourhood, built in 1956. Its primary appeal lies in its generous, above-average lot size of over 7,400 sqft, offering significant outdoor space that is rare citywide and particularly notable for the area. The 1,002 sqft living area is modest and slightly below average for the immediate street, positioning it as a comfortable, manageable footprint. The home’s assessed value is solid for the neighbourhood, suggesting it is a reasonably valued entry point into the community.
This property would suit a first-time buyer or a downsizer looking for a lower-maintenance home with a large, private yard for gardening, pets, or future expansion. It’s also a practical choice for a value-focused buyer who prioritizes land size over a large interior and is comfortable with a home that may require updates reflective of its era.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a standout feature. At 7,416 sqft, it ranks in the top 20% on its own street and the top 9% within the Maybank neighbourhood, meaning it offers more land than most comparable local properties.
2. Is the living space small for the area?
At 1,002 sqft, the living area is slightly below the average for Marshall Crescent but is close to the citywide average for similar homes. It represents a compact and efficient layout rather than an unusually small home.
3. What does the assessed value indicate?
With an assessed value of $37,100, the home sits around average for its street but above average for the broader Maybank neighbourhood. This suggests the property is viewed as a stable asset within its local market context.
4. When was it last sold and for how much?
The home was sold between 2019 and 2025, with a public price range of $250,000 to $300,000. The exact sale price can be requested directly from the listing service.
5. What are the possible trade-offs with a home from this era?
A 1956-built home offers classic character and a prime lot but may have original systems (like plumbing, electrical, or windows) that could need attention or modernization, which should be factored into planning and budgeting.