Property Overview: 3-620 St. Mary's Road, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated condo in the established Elm Park neighbourhood. Built in 2017, it is a notably modern property within its context, ranking newer than approximately 90% of homes across Winnipeg. With 1,250 square feet of living space, it offers above-average roominess citywide, providing a comfortable footprint that is competitive within its own building and area.
The appeal lies in this balance of contemporary construction within a mature, convenient location on St. Mary's Road. Its assessed value is solidly average for Elm Park, suggesting it is priced consistently with the neighbourhood's desirability, while still representing a value above the city's typical home. Recent sale history indicates active market interest. It would suit a buyer looking for a low-maintenance condo lifestyle without sacrificing space, who values a home that requires little immediate updating. It's also a practical choice for those who appreciate the convenience of a major artery while being nestled in a quiet, green neighbourhood like Elm Park—offering a blend of accessibility and community feel.
Section 2: Frequently Asked Questions
1. How does this condo’s size compare to others?
At 1,250 sqft, it is larger than about 77% of all Winnipeg homes. Within the Elm Park area, it is very close to the average size, offering ample space without being an outlier.
2. What does the assessed value tell me?
The $31,600 assessment is squarely in the middle range for Elm Park condos, indicating it is typical for this desirable area. Citywide, however, this value is above average, positioning it as a relatively strong asset compared to many Winnipeg properties.
3. Is the 2017 build date a significant advantage?
Yes. It is a newer building in a neighbourhood and on a street where many homes are decades older. This typically suggests modern building standards, newer major systems (like HVAC and windows), and potentially lower immediate maintenance costs.
4. What can nearby sales in the same building indicate?
The listing shows other units in the same complex (e.g., 6-620, 2-620 St. Mary's Rd). This provides a clear benchmark for comparing value, condo fees, and layouts, offering a transparent view of the building's market.
5. How does the sale history inform the current price?
The property sold in November 2024 for $36,400 and previously in March 2020 for $30,800. This recent activity shows a clear and updated market value, giving buyers a concrete reference point for current pricing trends in the building.