Property Overview: 153 Des Meurons Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 153 Des Meurons Street in Norwood East presents a compelling mix of space, location, and value. Built in 1947, it is a notably newer construction compared to many homes on its street and in the immediate area, which may suggest updated infrastructure or fewer concerns about the age of core components. The 1,348 sqft living area is comfortably above average for both the street and the neighbourhood, offering more interior space than many comparable local options.
The property’s appeal is rooted in its strong standing within a desirable context. With an assessed value of $347k, it sits in the top 20-30% for its immediate vicinity, indicating it is perceived as a premium property on Des Meurons Street and in Norwood East. The lot size of 5,278 sqft is also generous for the area, providing ample outdoor space. A thoughtful perspective is that while the home is above average locally, its assessment is around the city-wide median, potentially offering the perks of a prime neighbourhood location without the peak city-wide price tag. The last known sale was between $250k-$300k in late 2020.
This property would best suit a buyer looking for a well-established neighbourhood character who values having a home that stands out positively in its direct community for size, value, and relative modernity. It’s ideal for someone comparing homes within Norwood East, where this house consistently ranks above par.
Frequently Asked Questions
1. How does the assessed value relate to likely market price?
The assessed value of $347k is for municipal tax purposes and is a historical snapshot. It indicates the home is considered a higher-value property in its local area. Market price is determined by current conditions, but this assessment suggests a solid foundation of value within the neighbourhood.
2. The home is older; what does its "newer" year built ranking mean?
While built in 1947, it ranks in the top 8% newest homes on its street. This means most immediate neighbours' homes are older, some significantly so (averaging 1937). This relative modernity can be an advantage, but a professional inspection for any 79-year-old home remains essential.
3. Is the lot size typical?
At 5,278 sqft, the lot is larger than the average for both Des Meurons Street and Norwood East. This is a key feature, offering more private outdoor space than many properties in this mature, central neighbourhood.
4. What can the 2020 sale price range tell me?
The prior sale (approx. $250k-$300k) provides a historical benchmark. The increase to the current $347k assessment reflects market changes and possibly improvements made since 2020. It highlights the importance of researching recent comparable sales for today’s pricing.
5. How do the "city-wide" rankings help in understanding this property?
They provide scale. This home is above-average locally but closer to average across all of Winnipeg. This can signal that you are paying for a desirable location and a larger-than-local-average home, rather than for sheer size or newness compared to suburban or newer city areas.