Property Overview & Key Characteristics
This home at 2342 St Mary's Road in Normand Park presents a compelling mix of space, value, and potential. Built in 1992, it is a notably newer construction compared to many homes on its street and across Winnipeg, suggesting a modern foundation with potentially fewer immediate maintenance concerns than older properties. With 1,512 sqft of living space, it offers ample room, ranking above average for the city as a whole.
The property's standout feature is its generous 11,605 sqft lot, which places it in the top 4% of lots in both Normand Park and citywide. This exceptional outdoor space is a rare find and offers significant privacy, gardening potential, or room for expansion. With an assessed value of $530,000, the home sits above average for its street and significantly above the Winnipeg average, indicating a perception of solid value in its setting.
Its appeal lies in this balance: a relatively modern home on a premium, sizable lot in an established neighbourhood. It would suit buyers looking for a long-term family home with room to grow outdoors, as well as value-conscious purchasers who recognize the inherent worth of land. It's also a sensible choice for those who prefer the layout and systems of a 1990s build over a much older character home, without the premium of a brand-new construction.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large at over 11,600 sqft, placing it in the top 4% of properties in both the Normand Park area and the entire city. It offers substantially more outdoor space than the average Winnipeg lot.
2. Is the home older or newer for the neighbourhood?
Built in 1992, this home is significantly newer than the average house on St. Mary's Road (where the average build year is 1954). It is a relatively modern property in an established area.
3. What does the assessed value tell us about this property?
The $530,000 assessment is above average for the immediate street and well above the Winnipeg citywide average. This suggests the property is viewed as a higher-value asset within its broader market context.
4. How recent is the sale history, and what did it sell for?
The home last sold in June 2021 for a price between $500,000 and $550,000. For verified, exact historical sale figures, a manual lookup can be requested.
5. Is the living space typical for the area?
At 1,512 sqft, the living area is slightly above average for the street but below the average for the wider Normand Park area. It offers more space than the typical Winnipeg home, prioritizing a balance of indoor living area and extensive outdoor space.