Property Overview: 34 Portside Drive, Normand Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 34 Portside Drive presents a compelling value proposition rooted in its modern build and efficient scale. Built in 2009, it is a newer home compared to most in Winnipeg, offering contemporary construction and likely fewer major maintenance concerns in the near term. With 1,916 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a family without being overly large to maintain. The assessed value of $604,000 is notably above the Winnipeg average, yet it is positioned below the average for its own street and aligns with the middle range for the Normand Park area. This suggests you may get more modern home for your dollar here than in many city neighbourhoods, while being on a street with higher-value properties.
The appeal lies in this balance: a relatively new, well-sized home in an established neighbourhood where it represents a more accessible price point compared to its immediate neighbours. It suits practical buyers seeking a move-in-ready home from the 2000s era who value modern infrastructure. It would also resonate with value-conscious purchasers who understand that a below-average price for a desirable street can be a strategic entry point into a stable area. The lot size, while smaller than the neighbourhood average, is still generous by city standards and manageable for those not wanting extensive yard upkeep.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $604k is for municipal tax purposes. The home last sold between $650k-$700k in July 2022, which is a more current market indicator. The final selling price will depend on current market conditions, the home's interior condition, and buyer demand.
2. Is the living space significantly smaller than other homes on the street?
Yes, the data indicates it is below the street average (1,916 sqft vs. ~2,113 sqft). This means it may be a more compact model or layout compared to some neighbours, which can contribute to its relatively lower assessed value on the street.
3. What does the "newer" build year really mean for maintenance?
Built in 2009, major components like the roof, furnace, and windows are likely still within or approaching the middle of their lifespan. This can mean lower immediate capital costs compared to an older home, though a 17-year-old home will still require routine upkeep and some systems may need attention sooner than a brand-new build.
4. How does the lot size impact the property?
At 5,595 sqft, the lot is below the Normand Park average but around average city-wide. This typically means a smaller backyard, potentially less privacy, but also less landscaping work. It's a trade-off that contributes to the home's efficient footprint.
5. Where can I get the exact historical sold prices for this home?
The website does not display exact MLS sold prices due to industry rules. You can request the full transaction history and exact figures by emailing the site directly; they provide this information manually at no cost.