Property Overview: 220 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This two-storey home at 220 Marjorie Street in the King Edward neighbourhood presents a compelling mix of modern convenience and established community. Built in 2015, it is a notably newer construction compared to most homes on its street and across Winnipeg, offering contemporary building standards without the need for immediate major updates. With 1,424 sqft of living space, it provides ample room and ranks within the top 5% of homes in the King Edward area for size.
The primary appeal lies in its efficient use of space and its desirable location within a mature neighbourhood. While the land parcel is smaller than area averages, this often translates to less exterior maintenance, a significant plus for busy professionals or those looking to downsize without sacrificing interior space. The home’s assessed value is strong for the immediate area, suggesting it is well-regarded within its local market context. It would particularly suit first-time buyers seeking a modern, move-in-ready home in an established area, or practical buyers who prioritize interior space and newer infrastructure over a large yard. The unrenovated basement presents a clean canvas for future customization to suit an owner’s needs.
Frequently Asked Questions
1. What does the "unrenovated basement" mean?
It indicates the basement is finished but in its original state from 2015, with no major upgrades or stylistic changes since. It’s functional and clean, but may not reflect current design trends.
2. How does the smaller lot size impact daily living?
While offering less private outdoor space than some area homes, it significantly reduces yard work. The neighbourhood’s established character and nearby properties provide a green, settled feel despite the compact lot.
3. The home sold in 2022. What can that price history tell me?
The sold price range from 2022 provides a recent market benchmark. Comparing it to the current assessed value and asking price can help gauge market movement and the seller’s pricing strategy over the last few years.
4. Are there any obvious concerns not mentioned in the details?
The listing notes no garage. Prospective buyers should consider on-street parking availability and assess personal storage needs, as the smaller lot may also limit shed placement.
5. How does this home truly compare to others in King Edward?
Its key advantages are its newer age (top 9% in the area) and above-average living space (top 5%). It trades the larger lots common in the neighbourhood for a modern, low-maintenance structure, making it a distinct option.