Property Overview: 43 Marine Drive, Normand Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 43 Marine Drive presents a compelling combination of space, modern construction, and a premium location within Winnipeg. Built in 2009, it offers a move-in-ready foundation without the concerns of an aging structure. Its primary appeal lies in its significant scale and elite valuation. With 2,592 sqft of living area, it ranks within the top 2% of homes city-wide for size, offering ample room for family living, entertaining, or dedicated home offices.
The property’s assessed value of $992,000 underscores its premium positioning, placing it in the top 2% of its immediate neighbourhood and the top 1% across Winnipeg. This suggests not just a desirable home, but a substantial asset in a sought-after area. The nearly 7,000 sqft lot provides generous outdoor space relative to city norms, while being fairly typical for Marine Drive itself, indicating a consistent, established streetscape.
This home would best suit buyers who prioritize space and modern amenities, and who are looking for a long-term home in a prime neighbourhood. It appeals to professionals or families seeking a property that stands out statistically in terms of both square footage and value, offering a blend of luxury and practicality. A thoughtful perspective is that while the home is newer, its 2009 build date means major components are approaching mid-life, allowing a buyer to plan for updates on their own terms rather than inheriting immediate, costly replacements.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others on Marine Drive?
While its living space is above average for the street (top 24%), its assessed value is in the top 8%, indicating it is valued more highly per square foot than many neighbours. This could be due to superior finishes, layout, or specific location advantages.
2. What does the sold price history from 2017 indicate?
The home sold for between $850,000-$900,000 in April 2017. The rise in its assessed value to $992,000 since then reflects broader market appreciation and potentially any improvements made. It provides a benchmark for long-term value growth in the area.
3. Is the property likely to require significant near-term maintenance?
As a 17-year-old home, major systems like the roof, HVAC, or appliances may be nearing the end of their typical lifespans. A thorough inspection is advised to budget for potential updates, though the modern build avoids the issues common in much older homes.
4. How does the lot size impact the property?
At 6,921 sqft, the lot is above average for Winnipeg but typical for Marine Drive. This suggests ample yard space while maintaining the neighbourhood’s established character, without standing out as an unusually large or small parcel on the block.
5. Where can I get verified sale price data for this home and comparables?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact historical sold figures directly via email from the service, which will perform a manual lookup.