Property Overview: 177 Easy Street, Winnipeg
Key Characteristics & Appeal
This home presents a balanced, value-oriented proposition in Winnipeg's Normand Park neighborhood. Built in 1987, it is a well-established property that sits comfortably above the city-wide averages for both living space (1,872 sq ft) and lot size (6,226 sq ft), offering more room than the typical Winnipeg home. Its assessed value of $503k is notably above the city average, yet interestingly positions it below the average for Normand Park itself, suggesting it may represent relative value within a desirable area.
The appeal lies in this combination of space and location. You get a larger-than-average home and yard for the city, within a neighborhood where property values are generally higher. This creates an opportunity for buyers seeking established communities without paying the peak premium for the immediate area. It suits practical buyers—growing families or those wanting room for a home office or garden—who prioritize indoor and outdoor space and see value in a home that is modern enough to avoid major outdated systems but settled into its streetscape. A thoughtful perspective is that while the home isn't new, its age is an asset city-wide, being newer than 75% of Winnipeg's housing stock, potentially meaning fewer immediate concerns than with much older properties.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $450k and $500k in December 2023. This sale price range aligns closely with the current $503k assessed value, indicating the assessment is grounded in recent market activity.
2. Is this a good value for the Normand Park area?
The data suggests it might be. While the home offers above-average living space for the city, its assessed value is in the bottom 20% for the Normand Park area, where average values are significantly higher. This could indicate a competitively priced entry point into the neighborhood.
3. What is the neighborhood like for similar homes?
On Easy Street itself, this home is very typical in terms of size, value, and age compared to its direct neighbors. In the broader Normand Park area, homes tend to be larger and newer on average, but also carry a higher average assessed value.
4. How current and accurate is this sold price data?
The sold price is based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site, which they provide via email.
5. Where can I see how this property compares geographically?
You can use the provided "Open neighbourhood map analysis" link to view this home on a map alongside nearby properties, directly comparing details like year built, lot size, and value.