Property Overview
This bi-level home at 280 Marjorie Street in Winnipeg’s King Edward neighbourhood presents a practical and modern living opportunity. Built in 2016, it stands out as a notably newer construction in an area predominantly featuring mid-century homes. With 1,134 sqft of living space, it offers above-average roominess for both the street and the local area. The property includes a basement (not renovated) and sits on a standard city lot, with no garage or pool.
Its primary appeal lies in its contemporary build within an established community, offering move-in readiness with less immediate concern for major repairs or updates common in older homes. The above-average assessed value for the street suggests it is perceived as a solid asset in its immediate context. This home would suit first-time buyers seeking a modern, low-maintenance property, or practical investors looking for a newer rental asset in a stable neighbourhood. It’s a fit for those who prioritize interior space and modern systems over larger lot sizes or garage parking.
Frequently Asked Questions
1. How does the home’s age compare to others nearby?
Built in 2016, this home is significantly newer than most in King Edward, where the average comparable home was built around 1948. This places it in the top 7% for year built in the local area.
2. Is the living space larger or smaller than typical homes?
At 1,134 sqft, the living area is above average for both Marjorie Street and the broader King Edward neighbourhood, offering more interior space than many comparable local properties.
3. What does the assessed value tell us about the property?
With an assessed value of $33,900, this home ranks in the top 11-12% on its street and in King Edward, indicating it is considered a higher-value property within its immediate local market.
4. What are the trade-offs for having a newer home here?
The lot size is average for the street but below the Winnipeg city average. A newer home in an older area often means less mature landscaping and potentially a different architectural character than the surrounding houses.
5. Where can I find the exact historical sale price?
Exact sold prices are not published publicly. The site provides a sold price range based on public data and offers to send the precise figure via email upon request, at no cost and with no marketing spam.