Property Overview: 55 St Vital Road, Winnipeg
Key Characteristics & Appeal
This home in Norberry presents a solid, mid-century property built in 1956. Its key appeal lies in its balance of space and value, offering a living area of 1,144 sqft that is consistently average-to-above-average for its immediate street and neighborhood. The standout feature is the land: at 7,564 sqft, the lot size ranks in the top 20% on its street and top 13% city-wide, offering significant outdoor space that is less common in newer developments.
The home’s assessed value of $356k sits comfortably in the middle range for the area, suggesting it is priced in line with its peer group without significant premium or discount. Recent sale data indicates it sold between $350k-$400k in July 2024. This profile suits practical buyers looking for a established neighborhood character, who value a larger yard for gardening, recreation, or future expansion over a brand-new build. It’s a property for someone who sees potential in the land itself and is comfortable with the maintenance and update projects typical of a 70-year-old home.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 7,564 sqft lot is a defining feature. It is substantially larger than the average lot on its street (approx. 6,144 sqft) and city-wide (approx. 6,570 sqft), offering more private outdoor space.
2. Is the home’s assessed value higher than nearby properties?
The $356k assessment is around the average for Norberry. It ranks closely with comparable homes on St Vital Road and is slightly above the neighborhood average assessed value, but below the wider city average.
3. What should I know about the age of the home?
Built in 1956, the home is older than many in the city. While systems and structure will require due diligence, its age is typical for the well-established Norberry area, where many homes are from the same era.
4. Where can I find the exact sold price?
The public data shows a sold price range of CA$350k–400k for July 2024. To obtain the exact sale figure, you must request a manual lookup via email from the site, as they do not display MLS sold records.
5. How does the living space compare?
At 1,144 sqft, the living area is modest but on par with similar homes in Norberry. It is smaller than the city-wide average for comparable homes, indicating a more compact interior footprint focused on the neighborhood and lot size.