Property Overview: 118 Des Meurons Street, Winnipeg
Key Characteristics & Appeal
This home at 118 Des Meurons Street in Norwood East stands out for its above-average scale and generous lot size within its immediate context. With 1,527 sqft of living space, it is notably larger than most homes on its street and in the neighborhood. Its most distinctive feature is the 6,106 sqft lot, which ranks in the top 4% on Des Meurons Street, offering significant outdoor space that is rare for the area. Built in 1947, it is a relatively newer home compared to many in this established community.
The appeal lies in securing a property that outperforms local benchmarks for space, both indoors and out, while being part of a mature, tree-lined neighborhood. The assessed value of $425k is well above the street and neighborhood averages, reflecting these premium characteristics. A previous sale in early 2022 in the $500k-$550k range suggests strong market interest.
This property would best suit buyers looking for a character home with room to grow, garden, or entertain, who value the established feel of Norwood East but desire more land than is typically available. It’s a solid choice for those prioritizing long-term value in a location where the lot size itself is a lasting asset.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is significantly larger than most. The living area is in the top 15% for Norwood East, and the lot is in the top 4% on its own street, offering a rare combination of indoor and outdoor space for the area.
2. The assessed value is $425k, but it sold for more in 2022. Why?
The assessed value is for municipal tax purposes and often lags behind the current market. The 2022 sale price indicates buyers have been willing to pay a premium for this property’s specific advantages, particularly its large lot.
3. What does the "Elite" ranking for land area mean?
This means the property’s lot size is exceptionally large compared to its direct neighbors on Des Meurons Street. Only 6 other homes out of 179 on the street have a larger land area, making this a standout feature.
4. Is a 1947-built home considered old for Winnipeg?
Not in this neighborhood. While below the citywide average, it is actually newer than the average home on Des Meurons Street (1937) and in Norwood East (1935). It represents one of the more recent builds in this established area.
5. Where can I verify the exact historical sale price?
The site provides sold price ranges publicly. For fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.