Property Overview & Key Characteristics
This condominium at 3-6 St. Mark's Place in Winnipeg's Elm Park neighbourhood presents a balanced, low-maintenance living option. Its primary appeal lies in its modern build date (2014) and above-average space for a city-wide condo, offering 1,214 sqft. The data suggests a property that holds its value well, consistently ranking above average in assessed value both within Elm Park and across Winnipeg. This indicates a stable, well-regarded unit in a mature neighbourhood.
The unit would suit a buyer looking for a move-in-ready home without the upkeep of a older house or a large yard. It's particularly fitting for professionals, downsizers, or small families who prioritize interior space and modern systems over a detached property. A thoughtful perspective is that while it's an average-sized unit on its own street, it offers more space than most city condos, providing a sense of value within a quieter, established community setting.
Frequently Asked Questions
1. How does this condo’s value compare to the area?
Its assessed value is above average for both the Elm Park neighbourhood and the city overall, ranking in the top 11% and 19% respectively. This suggests it is a well-positioned asset within its market.
2. Is the building itself relatively new?
Yes. Built in 2014, it is one of the newer buildings on its street and is significantly newer than the average Winnipeg home, which dates to around 1990. This typically means fewer immediate repair concerns and modern building standards.
3. What does the sale history indicate?
The unit has sold three times since 2019, with each sale price progressively higher and consistently ranking above average. This points to steady appreciation and sustained buyer demand for the property.
4. How does the living space compare to other condos?
At 1,214 sqft, it offers more space than about 75% of condos city-wide. However, it is around the average size when compared specifically to other units in Elm Park, so its space is a standout feature on a broader scale.
5. What is the immediate building environment like?
The listing shows several units within the same address (e.g., 1-6, 2-6 St. Mark's Place), indicating this is a multi-unit condo building or townhouse complex, not a standalone structure. The "0 m" distance to neighbouring units confirms close proximity.