Property Overview: 160 Redview Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 160 Redview Drive in Normand Park is defined by its generous scale and premium positioning within its market. Its primary appeal lies in offering substantial space on a large lot—a combination that is increasingly rare. With 2,763 sqft of living area, it ranks in the top 10% for size on its street and in Normand Park, and in the elite top 2% city-wide. More notably, the 11,450 sqft lot is a standout feature, placing it in the top 4% of properties across the wider city and neighbourhood, offering significant outdoor potential.
Built in 1989, the home is of a mature vintage, typical for the street and area. Its assessed value of $784k reflects its premium attributes, ranking well above local and city averages. This isn't just a large house; it's a property with a land footprint that provides privacy, room for expansion, or landscaping, setting it apart from newer developments on smaller lots.
This property would best suit buyers who prioritize space and land over a brand-new build. It’s ideal for a growing or multi-generational family needing ample indoor and outdoor room, or for someone who values the established character and mature greenery of a neighbourhood like Normand Park. It also represents a solid, above-average asset for an investor or buyer looking for a property with strong fundamental metrics in a stable area.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $784k is for municipal tax purposes and is based on mass appraisal techniques. It’s a useful benchmark showing the home is valued well above local and city averages, but the final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.
2. The home was built in 1989. What should I consider?
A home of this age may have undergone significant updates or may require modernizations (like windows, roof, or mechanical systems). The positive perspective is that it comes from an era of generally solid construction and spacious room layouts. A thorough inspection is advised to understand the state of major components.
3. What does the "elite" city-wide ranking for lot size really mean?
It means that compared to all residential properties in Winnipeg, this lot is larger than roughly 96% of them. This isn’t just a slightly bigger yard; it’s a genuinely substantial piece of land, offering more privacy, recreational space, and future potential than the vast majority of homes available.
4. Is there any sales history available for this specific address?
According to the provided data, no sales history is displayed for this listing. The source notes that exact, verified sales figures can be requested directly from the site via email, as they are not published publicly due to industry data rules.
5. The value ranks slightly lower in Normand Park than it does city-wide. Why?
This is a thoughtful observation. While the home is in the elite top 2% city-wide for value, it ranks in the top 13% within Normand Park. This likely indicates that Normand Park itself is a neighbourhood with many higher-value homes, so the property faces stiffer competition locally. It underscores that this is a solid, above-average home in an area that already commands a premium.