Property Overview
157 Des Meurons Street is a 777 sqft bungalow built in 1947, situated on a generous 5,278 sqft lot in Winnipeg's Norwood East neighbourhood. The home presents a distinct profile: its living space is notably compact compared to most local and city-wide averages, but it sits on a lot that is larger than many in its immediate area. With an assessed value of $358,000, it is priced above the average for both its street and neighbourhood, suggesting the value is anchored more in its land and location than its interior square footage.
Key Characteristics & Appeal
The primary appeal of this property lies in its land potential and established location. The lot size is a standout feature, offering ample outdoor space for gardening, expansion, or future development in a neighbourhood where lots are typically smaller. As a home built in 1947, it is newer than many on its street, which may imply updated infrastructure or a different architectural style compared to its pre-war neighbours.
This home would suit a specific type of buyer: a downsizer looking for minimal interior upkeep but valuing private outdoor space, or a value-driven investor or renovator who sees the potential in the sizable lot. The buyer is likely someone prioritizing location and land over move-in-ready size, understanding that the assessed value reflects the property's underlying asset (the lot) rather than its current interior footprint. It is less suited for those needing ample indoor living space without immediate plans to renovate or expand.
Frequently Asked Questions
1. Why is the assessed value higher than the neighbourhood average when the house is smaller?
The assessment likely reflects the value of the larger-than-average lot size in a mature neighbourhood, along with the property being newer than many comparable homes on the street.
2. What does the "Top 82%" ranking for living area mean?
It means that 82% of comparable homes on Des Meurons Street have a larger living area. This confirms the home's interior is compact relative to its immediate neighbours.
3. Is there potential to expand the living space?
The substantial lot size (5,278 sqft) is a key indicator that there may be physical space to expand the home or add additions, subject to local zoning and permit approvals.
4. How recent is the sold price data shown?
The listed sold price range (CA$300k–350k) is from January 2021. For fully verified and exact historical sold prices, you must request a manual lookup via email through the site.
5. Are the sold prices from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. For official transaction history and exact figures, a manual records check is required.