34 Normandy Drive

Property Overview: 34 Normandy Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in Crestview offers a practical and comfortable living space. Its key features include 1,104 sqft of living area, a renovated basement, and a detached garage, all situated on a standard 5,498 sqft lot. Built in 1965, the home presents a solid, move-in-ready opportunity.

The primary appeal lies in its strong value proposition within its immediate neighborhood. The home’s assessed value ranks significantly above average for both Normandy Drive and the wider Crestview area, suggesting it is a standout property in its local market. This, combined with the updated basement, indicates a home that has been cared for and represents a sound investment relative to its peers. The recent sale price further underscores its desirability.

This property would suit first-time buyers or downsizers seeking a manageable single-level layout in an established neighborhood. It’s also a prudent choice for value-focused buyers who appreciate a home that outperforms its immediate surroundings on key financial metrics, offering a sense of security and potential for stability.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
The data shows this home ranks highly among its 44 neighbors on Normandy Drive, particularly in assessed value (top 14%). This suggests it is considered a more valuable asset on the street, likely due to its condition and updates like the renovated basement.

2. Is the living space smaller than average?
At 1,104 sqft, the living area is slightly below the average for similar homes on its street (~1,150 sqft) and for the city overall. However, it is very close to the Crestview neighborhood average. This indicates a efficient, cozy layout typical for the area.

3. What does the "above average" assessed value mean for me?
A higher assessed value relative to nearby homes can be a positive indicator of the property’s condition and modernization compared to its peers. It’s important to note that assessed value is for taxation purposes, but a consistent ranking above average in its immediate locale is a favorable sign.

4. What is the significance of the recent sale?
The property sold in September 2024. This provides a very current, concrete market value (the sale price) that is more relevant than list prices or older sales, giving a clear benchmark for what a buyer recently paid for this specific home.

5. Who might this home not be suitable for?
Buyers seeking a very large lot, a brand-new build, or extensive square footage on a single level may find this property limiting. Its strengths are in its neighborhood value, updates, and manageable scale, rather than in expansive size or acreage.