Property Overview: 34 St Vital Road, Norberry, Winnipeg
Key Characteristics & Appeal
This 2016-built home in Norberry stands out for its modern construction and generous living space within a well-established neighbourhood. At 1,749 sqft, the interior living area is notably larger than most comparable homes on its street, in the area, and across Winnipeg, placing it in the top tier for size. Its assessed value of $535k is also elite for the immediate locale, indicating a premium property relative to its neighbours.
The primary appeal lies in acquiring a relatively new, low-maintenance home with modern building standards and efficient use of space, without sacrificing roominess. It suits buyers who prioritize a move-in ready, contemporary interior over a large traditional lot, as the property trades some yard space (the lot is smaller than area averages) for a superior and newer living environment. It’s an ideal match for professionals, small families, or downsizers seeking modern comforts in a mature neighbourhood, and who value being among the newest homes in the area.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $500k-$550k in February 2022. The current assessed value is $535k, which aligns closely with that recent sale price, suggesting the assessment reflects the market transaction.
2. Is the property tax bill likely to be high given the assessed value?
While the assessed value is high for the street and area, property taxes are calculated using a city-wide mill rate. You will be taxed on this premium valuation, so the tax bill will be proportionally higher than for older, smaller homes nearby.
3. What does the "elite" ranking for year built really mean?
Built in 2016, this home is newer than approximately 99% of homes on St Vital Road and 98% in Norberry. This means major components like the roof, furnace, and windows are far from needing replacement, offering significant peace of mind and near-term cost savings.
4. The lot is noted as smaller than average. How significant is this?
The 4,369 sqft lot is below the average for the street and area. This typically means a smaller backyard and potentially less distance from neighbours. For buyers who value low-maintenance outdoor space or prioritize indoor square footage, this is a reasonable trade-off.
5. How can I verify the exact historical sold price?
The public data shown is an estimated range. To obtain the exact sale figures and a full transaction history, you must request a manual lookup from the site via email, as they do not have access to or display official MLS sold records.