Property Overview: 195 Des Meurons Street, Norwood East, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, mid-century property in the established Norwood East neighbourhood. Built in 1946, it offers 1,210 square feet of living space on a generous 4,561 sqft lot. The data indicates it is consistently "around average" for its immediate street and area in terms of size, lot, and assessed value ($304k), suggesting it is a typical and well-proportioned home for this community. Its appeal lies in its stability and space relative to the local market; the lot size is notably larger than many city-wide properties, offering good outdoor potential in a mature neighbourhood.
The home would suit practical buyers looking for a character home without the extremes of a major fixer-upper or a premium-priced renovation. It’s a sensible choice for someone seeking a grounded entry into a long-standing neighbourhood, where the value is in the land and the established community rather than modern finishes or prestige. A thoughtful perspective is that its very "averageness" in the local context is a strength—it suggests predictability and less risk of overpaying compared to more volatile, trendy areas.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to likely market price?
The assessed value of $304k is for municipal tax purposes. Market price is determined by recent sales, condition, and demand. Notably, its assessed value is below the city-wide average for comparable homes, which may indicate a relative value opportunity within Winnipeg, though the local area average is closer.
2. What does the sold price history from 2017 tell us?
The home sold between $250k-$300k in 2017. This provides a historical benchmark, but market conditions have likely changed. The data shows that price was in the top 65-74% of sales city-wide at that time, indicating it was a competitively priced sale.
3. Is the 1946 build date a concern?
While older, the home is actually newer than many on its street and in Norwood East, ranking above average for the area. This suggests the neighbourhood is full of character homes of a similar vintage. A pre-purchase inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof.
4. How does the lot size compare?
At 4,561 sqft, the lot is standard for the street and area but is smaller than the city-wide average for comparable homes. In Norwood East, this is a typical lot size, offering a good balance of yard space without excessive maintenance.
5. Where can I get verified sales history for this property?
The site notes that exact sold prices are not displayed due to industry rules. They offer a manual lookup service where you can request the full transaction history via email, which they will provide without using your email for marketing.