Property Overview: Unit Ph9-3030 Pembina Highway
Section 1: Key Characteristics & Appeal
This is a 970 sqft condo located on Pembina Highway in the Fort Richmond area of Winnipeg. Built in 1977, it presents a practical opportunity in a well-established building. Its appeal lies in its efficient use of space—the living area is competitively sized for the local Fort Richmond market, ranking above average for the neighborhood. The assessed value is notably below the Winnipeg city-wide average, suggesting a potentially accessible entry point for the square footage offered.
The property would suit a pragmatic buyer, such as a first-time purchaser or an investor, who prioritizes space and location over a modern build year. Its position on a major arterial road like Pembina Highway offers undeniable convenience for transit and access to amenities, which is a significant trade-off for the potential of increased noise. A less obvious perspective is that a unit from this era in a maintained building can sometimes offer more generous room proportions and sturdier construction than some newer, more tightly built condos. It’s a fit for someone who views a home as a functional asset rather than a luxury statement.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market price?
No. The assessed value (listed as $16,600) is for municipal tax purposes. The market price, or what a buyer would pay, is determined by current market conditions and can be higher or lower.
2. What does the sold price history tell me?
The listed sale range (e.g., $14.5k–$17.5k in 4/2023) gives a historical benchmark. For an exact sold price, you must request it via the provided email service, as per the detail page.
3. How does its 1977 build year compare to nearby homes?
In the immediate Fort Richmond area, this unit’s 1977 build is actually above average (top 29%), meaning many comparable neighborhood condos are older. City-wide, it’s around the 70th percentile, indicating many Winnipeg homes are newer.
4. What are the implications of being on Pembina Highway?
This location offers maximum convenience for bus routes, shopping, and quick access to the University of Manitoba. The main trade-off is exposure to consistent traffic noise, which is a key factor to consider for livability.
5. The data shows many similar units in the same building. What does that mean?
Having numerous nearby and similarly valued units (like other suites at 3030 Pembina Highway) indicates a large, multi-unit complex. This can mean a more established condo corporation and potentially lower per-unit costs for major projects, but it also requires understanding the building’s specific financial health and rules.