Property Overview: 78 St. Mary's Road, Norwood West, Winnipeg
Key Characteristics & Appeal
This home presents a classic Winnipeg character property built in 1943, offering a balanced and practical proposition in the established Norwood West neighborhood. Its primary appeal lies in its generous 8,283 sqft lot, which is notably large—ranking in the top 3% for the neighborhood. This provides significant outdoor space and potential not commonly found on typical city lots. The 1,568 sqft living area is comfortably above the city-wide average, offering ample room, while its assessed value of $439k sits above the Winnipeg average but is around the middle range for its immediate street and area.
The property suits buyers looking for a grounded investment in a mature community, prioritizing land size over a modern build. It’s ideal for someone who values space for gardens, recreation, or future expansion more than a recently constructed home. A thoughtful perspective is that while the house itself is older and unremarkable in size for the area, the lot is a standout asset that could offer long-term value through privacy, landscaping possibilities, or redevelopment potential.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The assessed value of $439k is around the average for Norwood West and slightly below the average for St. Mary's Road specifically. This suggests it is priced in line with the local market, not at a premium, despite its larger-than-average lot size.
2. Is the lot size a significant advantage?
Yes. The land area is the property's most elite feature, placing it in the top 3% within Norwood West. This is a substantial differentiator for buyers seeking outdoor space, setting it apart from most comparable homes in the community.
3. What should I consider about the home’s age?
Built in 1943, the home is older than most in Winnipeg. Buyers should budget for maintenance and updates consistent with an 80+ year-old structure, while also appreciating the character and established streetscape that comes with a home of this era.
4. Why is detailed sales history not shown?
Due to industry data regulations, exact past sale prices are not published automatically on this platform. The service offers to manually provide verified figures upon request via email at no cost.
5. How does the living space feel for the neighborhood?
At 1,568 sqft, the living area is typical for both St. Mary's Road and Norwood West. It offers above-average space compared to the entire city, but within the immediate context, it provides a standard, comfortable family footprint without feeling particularly large or small.