115 Mardena Crescent

Property Overview: 115 Mardena Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Normand Park presents a compelling mix of space, modernity, and value. Built in 2008, it offers a contemporary layout without the concerns of an aging structure. With 1,715 sqft of living space, it is notably larger than the typical Winnipeg home, providing ample room for family life. Its true standout feature is the generous 6,820 sqft lot, offering substantial outdoor space that is above average for the city—a rarity for newer builds.

The appeal lies in its strong value proposition. The home’s assessed value of $665k places it in the elite top 5% city-wide, indicating a premium property in the broader market. However, within its own neighbourhood and street, it is priced competitively against comparable homes. This suggests you are acquiring a property that holds significant equity and stature across Winnipeg, while still being aligned with local norms. It would suit buyers looking for a move-in ready, modern home on a large lot who appreciate a property with proven value growth, as evidenced by its substantial increase in assessed value since its last sale in 2019.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to its neighbours?
While the living area is slightly below the average for both Mardena Crescent and the wider Normand Park area, it is significantly larger (over 370 sqft) than the average Winnipeg home. This indicates a spacious property in a city-wide context, situated on a street and in an area where larger homes are common.

2. What does the "Elite" city-wide assessment ranking mean?
An assessed value in the top 5% city-wide means this property is valued higher than approximately 95% of all homes in Winnipeg. This is a strong indicator of its perceived market value and potential equity position, especially when compared to its more average ranking within the immediate area.

3. The home sold in 2019. What can we infer from that?
The previous sale price was between $450k-$500k. The current $665k assessment suggests significant appreciation over five years. This history points to a strong growth trajectory for the property, though prospective buyers should investigate recent upgrades or market conditions.

4. Is the lot size a major feature?
Yes. The lot is over 6,800 sqft, which is above average for Winnipeg. For a home built in 2008, this is a notable advantage, as newer developments often have smaller lots. It provides excellent potential for gardening, recreation, or expansion.

5. How can I verify the exact historical sale price?
The provided data shows a price range. To obtain the exact sale price and full transaction history, you must request a manual lookup via email from the service, as this information is not sourced from the MLS and is not displayed directly on the site for privacy and compliance reasons.