Property Overview: 161 Marine Drive, Normand Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 161 Marine Drive is a modern, spacious property built in 2011, offering a compelling blend of above-average living space and a prime location within Winnipeg. Its key appeal lies in its generous 2,589 sqft of living area, which places it comfortably within the top tier of homes both in the city and the desirable Normand Park neighbourhood. With an assessed value of $801,000, it represents a premium property that sits at an average price point for Marine Drive itself, suggesting it offers good value within its immediate, high-calibre street.
The home’s strength is its modern construction and substantial interior space, making it ideal for families or those who prioritize room to grow and entertain. The lot, at 5,845 sqft, is slightly smaller than others on Marine Drive but is consistent with the broader area and city averages, offering manageable outdoor space without excessive maintenance. A thoughtful perspective is that this property offers a "best of both worlds" scenario: the prestige and community of a well-established street like Marine Drive, but within a home that is newer than most, potentially reducing immediate renovation needs. It would suit buyers looking for a move-in ready, sizeable family home in a sought-after neighbourhood, who value modern amenities and space over a sprawling lot.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its recent sale price?
The home sold in September 2023 for between $950,000 and $1 million. Its current assessed value is $801,000. It’s important to consult with a real estate professional to understand current market conditions, as assessed value for taxes often differs from market value.
2. Is the lot size a disadvantage?
While the lot is smaller than the average on Marine Drive, it is on par with the neighbourhood and city averages. For buyers who prefer less yard maintenance but still want private outdoor space, this could be seen as an advantage rather than a drawback.
3. What does its ranking in the "top 2%" city-wide for living area mean?
This statistic indicates that the home’s interior square footage is larger than approximately 98% of all homes in Winnipeg. It highlights the property’s standout feature: abundant living space in a city where the average home is significantly smaller.
4. The home is newer than most in the city. What are the implications?
Built in 2011, the home is newer than about 90% of Winnipeg’s housing stock. This typically suggests modern building standards, more contemporary layouts, and potentially lower immediate costs for major system updates (like roofing, windows, or HVAC) compared to an older character home.
5. Where can I get verified historical data on this property?
The sold price data shown is from public records. For a fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not display proprietary MLS sold records.