Property Overview
65 Mardena Crescent is a well-situated, modern family home in Winnipeg's Normand Park neighbourhood. Built in 2009, it offers 1,720 sqft of living space on a 5,585 sqft lot, with a current assessed value of $571,000.
Its primary appeal lies in its balance of space, modernity, and value. While the home's size is slightly below the average for its immediate street and area, it ranks within the top 20% for living space citywide, indicating a more spacious interior than most Winnipeg homes. The 2009 build date means it is newer than roughly 88% of homes in the city, suggesting modern construction standards and potentially lower near-term maintenance. The assessed value tells a compelling story: it sits below the average for Mardena Crescent itself, around the average for Normand Park, but ranks in the top 10% citywide. This positions it as a premium property on a Winnipeg scale while potentially offering relative value within its own desirable crescent.
This property would suit buyers looking for a move-in ready, modern home in an established neighbourhood. It's ideal for a growing family who values more interior space over a larger yard, as the lot is slightly more compact than others in the area. It also appeals to the value-conscious buyer who understands that a slightly lower assessment on a prestigious street can represent a strategic entry point into a great location.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value of $571k is for municipal tax purposes. The last recorded sale was between $550k-$600k in August 2022. Market conditions and buyer demand will determine the final sale price, but the citywide ranking (top 10%) indicates a strong underlying value.
2. Is the lot size a drawback?
At 5,585 sqft, the lot is slightly smaller than the Normand Park average but is very close to the citywide average. It provides ample yard space for most families while requiring less maintenance than larger lots on the street. For buyers prioritizing interior space and modern features over extensive landscaping, it's a practical balance.
3. What does the "top 20% citywide" for living area actually mean?
This statistic means that approximately 80% of homes in Winnipeg have less than 1,720 sqft of living area. It highlights that while the home may feel average-sized for its specific neighbourhood, it offers more space than the vast majority of homes across the entire city.
4. The home sold recently in 2022. Why is it back on the market?
The provided data does not indicate the property is currently for sale; it is a historical profile. The 2022 sale data is presented for market context and comparison. Reasons for a quick resale are not provided and would require specific inquiry.
5. How can I get the exact past sale price instead of the $50k range?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact figures by emailing the site directly, and they will provide a manual lookup, typically by the end of the same day.