Property Overview: 127 Marine Drive, Winnipeg
Key Characteristics & Appeal
This home at 127 Marine Drive in Normand Park is a substantial and modern property that stands out for its above-average scale and value. Built in 2010, it is a relatively newer home within its context. With 2,456 sqft of living space, it offers significantly more room than the typical Winnipeg home, placing it in the top 3% citywide. The lot size of 6,869 sqft is comfortably above the city average, providing generous outdoor space.
The primary appeal lies in its established, high-quality positioning. The assessed value of $887k places it in the top 6% of Normand Park and the top 2% citywide, indicating a premium property. Its appeal is one of established desirability rather than a fixer-upper opportunity. This home would best suit buyers looking for a move-in ready, spacious family home in a mature neighbourhood, who value both modern construction (avoiding the maintenance issues of much older homes) and a large lot. It’s also a strong fit for those who appreciate a home that holds an elite position in terms of space and value across the wider city, offering a tangible step up from the average.
Frequently Asked Questions
1. How does this home compare to others on Marine Drive?
On its own street, the home is above average in assessed value (top 29%) and year built (top 25%). Its living space is on par with the street average, while the lot size is typical for the area. This suggests it's a solid, well-aligned property within a desirable street of similar homes.
2. What does the "Elite" city-wide ranking mean?
The "Elite" tag for living area and assessed value means this property is in the top 3% and 2% of all Winnipeg homes, respectively, for those metrics. It confirms the home is exceptionally spacious and valuable compared to the vast majority of the market.
3. The home sold in 2020. Can I find out the exact sale price?
The site provides a sold price range from public records. To obtain the exact sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.
4. Is a 2010-built home considered modern?
Yes, especially in a Winnipeg context. With a city-wide average build year around 1966, this 2010 home is significantly newer, likely meaning more contemporary building materials, layouts, and systems, potentially reducing immediate major renovation needs.
5. The assessed value is high. What does that indicate for property taxes?
A higher assessed value generally leads to higher property taxes, as taxes are calculated based on this value. While it signifies a premium property, buyers should factor this into their ongoing cost calculations.