Property Overview: 7 Henry Pehrson Cove, Winnipeg
Section 1: Key Characteristics & Appeal
This home in Normand Park is defined by its generous space and land. With 2,471 sqft of living area, it offers significantly more room than the typical Winnipeg home, placing it in the top 3% city-wide. Its most standout feature is the 13,098 sqft lot, which is exceptionally large for the area (top 2% in Normand Park) and provides substantial outdoor privacy and potential.
The appeal lies in this combination of a spacious interior on a premier, expansive lot—a rare find in the city. Built in 1988, the home is of a mature vintage, suggesting well-established landscaping and a settled neighbourhood feel. The assessed value of $596k is above average for the immediate street and city, but sits around the median for the broader Normand Park area, indicating the price reflects the premium lot size.
This property would best suit buyers who prioritize land and interior space over a newer build. It’s ideal for those seeking room for gardens, recreation, or additions, or for families looking for ample indoor and outdoor space in a quiet, cul-de-sac setting. It represents a solid, established home in a neighbourhood where such large lots are increasingly uncommon.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value?
Built in 1988, it is older than many homes in Normand Park. This typically means maintenance items (roof, windows, major systems) may need consideration or updating, but it also often correlates with mature trees and established neighbourhood character.
2. The assessed value seems high for the street but average for the area. Why?
At $596k, it has the highest assessed value on Henry Pehrson Cove. However, it ranks near the middle (top 50%) for all of Normand Park. This suggests the lot size and living area command a premium compared to its immediate neighbours, aligning it with broader area prices.
3. What does the sold history tell us?
The home sold twice in 2022, with the price increasing from the $500k-$550k range to the $550k-$600k range within 10 months. This indicates strong market interest and appreciating value for this specific property during that period.
4. Is the lot size truly a significant advantage?
Yes. The lot is in the top 3% city-wide. In practical terms, this means far more privacy, yard space, and potential for landscaping, pools, or outbuildings than most Winnipeg properties offer, which is a key long-term value driver.
5. Where can I get verified sale price details?
The site notes that exact sold prices are not displayed publicly due to data source rules. They offer a manual lookup service; you can submit a request via email to receive the precise transaction history directly.