Property Overview: 47 Marine Drive, Normand Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 47 Marine Drive presents a compelling profile defined by its context. Built in 2010, it is a relatively modern property situated on a generous, roughly 6,920 sqft lot in the Normand Park neighbourhood. With 1,806 sqft of living space, it offers a comfortable footprint that is above average for Winnipeg overall but more modest compared to some larger homes on its own street and in the immediate area.
The primary appeal lies in its premium assessed value positioning. With an assessment of $825,000, this property sits in the top 10% of Normand Park and an elite top 2% city-wide, indicating a high-calibre location and build quality. This creates an interesting dynamic: you are acquiring a home with a value that places it among the city's best, yet with a living space that is efficient rather than sprawling. The lot size is solid and offers ample outdoor potential.
This property would suit buyers who prioritize location, modern construction, and land size over sheer square footage. It’s ideal for those seeking a established, high-value neighbourhood without the maintenance of an older home, and who may value the potential to expand or enhance the existing structure in the future. It represents a strategic entry into an affluent area with a home that is newer than most in the city.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
While the 1,806 sqft living area is above the Winnipeg average, it is below the average for both Marine Drive and the broader Normand Park area, where many homes are larger. This suggests a more efficient or compact layout compared to some neighbours.
2. What does the “Elite” city-wide value ranking mean?
An assessed value in the top 2% city-wide signifies that this property is valued among the highest in Winnipeg. This typically reflects a combination of desirable location, lot size, construction quality, and market demand for the area.
3. The home sold in late 2019. What can that price tell me?
The previous sale price (listed in the $650k-$700k range) provides a historical benchmark. The significant increase to the current $825k assessment highlights market appreciation and reinforces the property’s high-value status, but it is not a direct indicator of today’s listing price.
4. Is the lot size a standout feature?
At 6,920 sqft, the lot is above the city average and very typical for Normand Park. It is not unusually large for the street but provides substantial outdoor space, which is a key feature in the neighbourhood.
5. How can I get the exact historical sale price?
The exact sale price is not publicly displayed due to industry regulations. You can request this information directly via the email option provided on the listing page for a manual lookup.