Property Overview
This home at 163 Des Meurons Street in Winnipeg's Norwood East neighbourhood presents a balanced, mid-century offering. Built in 1947, its 1,155 sqft living space and 4,798 sqft lot are consistently "around average" when compared to similar homes on its street, in the area, and across the city. Its assessed value of $329k follows a similar pattern, sitting comfortably within the mid-range for Norwood East but below the wider city average. A key, less obvious characteristic is its relative modernity for the immediate area; it ranks in the top 8% for year built on its own street, meaning it's notably newer than most of its direct neighbours, which could suggest updated infrastructure or layout compared to nearby older homes.
The appeal lies in its statistical steadiness—it's a property that doesn't stand out for extreme size, value, or age, offering a sense of predictable, grounded value in an established community. It would suit pragmatic, first-time buyers or downsizers looking for a home that aligns with neighbourhood norms without surprises, or an investor seeking a stable, average rental property in a central location. The lot size offers decent outdoor space relative to the area, and its sale history indicates steady appreciation.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250k-$300k in March 2021. This previous sale price ranked near the middle (Top 49%) for the street at that time, indicating the current assessed value is in line with the property's historical market position within the immediate area.
2. Is the 1947 build date a concern?
While 79 years old, context is important. This home is actually newer than most on Des Meurons Street (ranking in the top 8%), suggesting it may have been built with somewhat more modern standards than its immediate neighbours. A thorough inspection is always recommended to understand the specific condition.
3. What does "around average" for lot and living space really mean for daily life?
It means the property offers typical space for Norwood East. You're unlikely to have the largest or smallest yard on the block. The living area is very close to the neighbourhood average of 1,162 sqft, suitable for a small family or couple but may feel constrained for those needing extensive room.
4. The city-wide assessed value average is higher. Is this underpriced?
The city-wide average assessed value ($390.1k) is skewed by newer, larger homes in suburban areas. The more relevant comparison is the Norwood East average of $329.4k, which this home matches almost exactly, confirming its valuation is neighbourhood-appropriate.
5. Can I get the exact past sale prices?
The site provides sold price ranges publicly. Due to data licensing rules, obtaining exact historical sale figures requires a manual lookup. You can request this detailed history directly via email from the site provider, as outlined in the data notes section.