Property Overview: 95 Normand Park Drive, Winnipeg
Key Characteristics & Appeal
This well-situated home at 95 Normand Park Drive presents a compelling blend of space, modernity, and established value. Built in 1994, it is notably newer than most homes on its street and across Winnipeg, suggesting updated infrastructure and potentially lower maintenance needs compared to older stock. With 2,300 sqft of living area, it offers above-average space for the Normand Park area and ranks within the top 5% of homes city-wide for size, catering perfectly to those seeking ample room without an excessively large footprint.
The property’s assessed value of $675,000 positions it as a premium offering, placing it in the top 5% of Winnipeg homes by value. This indicates a solid investment in a desirable location. The lot size of 6,662 sqft provides generous outdoor space, ranking above average across all comparison levels.
The home’s primary appeal lies in its balanced standing. It isn't an outlier in its immediate neighborhood but consistently performs better than the majority of comparable properties when viewed on a broader scale. This makes it a "best-in-class" option within a well-established area, offering both community familiarity and standout features. It would suit move-up buyers or families looking for a spacious, modern home in a mature neighborhood, as well as value-conscious investors who recognize the long-term stability of a property that excels in city-wide metrics.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in July 2021 for between $750,000 and $800,000. That sale price was in the top 13% for the street at the time, indicating a history of strong market performance relative to its neighbors.
2. What does it mean that the home is "newer" than most?
Built in 1994, this home is among the newest 6% on its street. Practically, this often translates to more modern electrical systems, plumbing, and building materials, which can mean fewer major renovations and greater energy efficiency compared to much older homes.
3. Is the assessed value a reliable indicator of the listing or sale price?
Assessed value is for municipal tax purposes and is not a direct market appraisal. However, its ranking in the top 5% city-wide strongly signals that this is a high-value property. The previous sale price, significantly above the current assessed value, suggests the home has been valued highly by the market in the recent past.
4. How does the lot size impact the property?
At 6,662 sqft, the lot is larger than about 80% of properties in Winnipeg. This offers significant outdoor space for gardening, recreation, or potential expansions like a deck or shed, which is a growing priority for many buyers.
5. How can I get verified, exact historical sale data for this property?
The provided sale price is an estimated range from public records. For fully verified and exact sale figures, including a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry regulations.