Property Overview & Key Characteristics
This is a 975 sqft condo unit located at 8-1425 Molson Street in Winnipeg's Eaglemere neighbourhood. Built in 2013, it offers modern construction in a city where the average home is significantly older. The unit's living space and assessed value are consistently around the average for its immediate street, neighbourhood, and the wider city, presenting a stable, middle-of-the-market profile.
Its primary appeal lies in its balance and predictability. You are not paying a premium for extreme newness or oversized square footage, nor are you compromising on age or condition. It suits practical, value-conscious buyers—such as first-time homeowners, downsizers, or investors—who prioritize a modern build quality without the premium price tag of a brand-new unit. A thoughtful perspective is that while it ranks as a newer building city-wide, within its own newer condo complex on Molson Street, it is one of the older units. This could mean more established landscaping and resolved building teething issues, but potentially higher near-term maintenance costs compared to even newer neighbours.
Frequently Asked Questions
1. How does this condo’s value compare to others in the area?
The assessed value is very close to the average for similar homes on Molson Street, in Eaglemere, and across Winnipeg. This indicates it is priced consistently with the market, neither a standout bargain nor overpriced relative to its key metrics.
2. Is the living space considered large for a condo?
At 975 sqft, the living area is just below the average for comparable condos in its immediate area (avg. ~1,031 sqft). It provides a comfortable, mid-size footprint that is typical for the building and neighbourhood.
3. What does the "Year Built" ranking tell me?
Built in 2013, it is significantly newer than the average Winnipeg home. However, within its own condo complex and the Eaglemere area, many comparable units are newer (avg. year built ~2021). This suggests you're buying into a modern, but now established, building phase.
4. Who might this property not suit?
Buyers seeking a luxury finish, a very large floor plan, or the absolute newest construction (as several nearby units are newer) may want to look elsewhere. It is a solid, average offering in its specific context.
5. What can nearby sales tell me?
A nearby unit in the same complex sold for $282,000 in October 2024. This recent sale provides a concrete, real-world price point for comparison, suggesting active market interest in these buildings.