Property Overview: 67 Redview Drive, Normand Park, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition within Winnipeg’s market. Built in 2001, it is a newer construction compared to the city’s average, offering modern building systems without the premium of a brand-new build. The 1,238 sqft living area is notably compact for its immediate street and neighbourhood, where homes are typically much larger. However, this translates to a manageable footprint for maintenance and heating. The true standout feature is the generous 7,571 sqft lot, which is well above average for both the city and Normand Park, offering significant outdoor space and potential.
Its appeal lies in this balance: a relatively modern home on a substantial lot, priced accessibly according to its assessed value of $443k. While it ranks below average in size and value within its own affluent neighbourhood, it sits above the city-wide average for value, suggesting you are buying into a desirable area at an entry point. The last sale in late 2022 fell within the $450k-$500k range, aligning with the current assessment.
This property would best suit practical buyers seeking land size and neighbourhood amenities over interior square footage. It’s ideal for first-time buyers targeting a well-established area, downsizers looking for a manageable home with a large yard, or investors recognizing the value of land in a mature community. It’s less suited for those requiring ample indoor living space or who prioritize being at the top end of their immediate neighbourhood’s market.
Frequently Asked Questions
1. Is the house too small for the neighbourhood?
The living area is significantly smaller than neighbouring homes. This is reflected in its below-average assessed value for the street and area. For the right buyer, this is an opportunity to enter the neighbourhood; for others, it may feel disproportionate.
2. What does the assessed value tell us about the price?
The $443k assessment is above the Winnipeg average but below the Normand Park average. This typically indicates a more accessible price point within a higher-value area. The previous sold price range suggests the market has historically supported this valuation.
3. How does the lot size compare?
The lot is a key asset. At over 7,500 sqft, it is larger than most in the city and above average for Normand Park. This offers rare potential for gardening, expansion, or outdoor living that is hard to find in newer subdivisions.
4. Is a 2001-built home considered old?
Not at all. With a city-wide average build year of 1966, this 25-year-old home is well above average in age ranking. Major components like the roof, windows, and mechanical systems are likely more recent than those in a truly older home, but may be due for routine updates or inspection.
5. How can I verify the exact past sale price?
The site provides sold price ranges for transparency. Due to industry regulations, exact MLS sale figures cannot be published online here. You can request the exact historical sold price by using the site’s email lookup service for a manually verified result.