443 Marjorie Street

Property Summary: 443 Marjorie Street, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2022, stands out for its modern foundation in the established King Edward neighbourhood. Its primary appeal lies in its combination of new construction and above-average space, featuring 1,468 sqft of living area—significantly larger than most comparable homes on its street and in the immediate area. The home possesses a renovated basement, adding to its functional space.

The property’s data reveals a thoughtful perspective: while the lot size is typical for the local area, it is modest by wider city standards. This positions the home as an efficient, low-maintenance property rather than one focused on expansive outdoor space. Its exceptionally high assessed value relative to the neighbourhood underscores its premium standing and modern build quality.

This home would ideally suit buyers seeking a move-in-ready, modern property without the typical maintenance concerns of an older home. It appeals to those who prioritize interior space and contemporary amenities over a large yard, and to value-conscious buyers who understand that a higher assessment in a well-regarded area often reflects desirable features and condition.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much higher than the neighbourhood average?
The assessment reflects the home's very recent construction (2022) and its above-average living area. Newer builds with modern materials, systems, and layouts typically command significantly higher valuations than the area's older housing stock.

2. What does the "Elite" ranking for living area mean?
It means this home's interior square footage ranks in the top 3-4% compared to similar properties on Marjorie Street and in the King Edward area. You are getting more interior space than the vast majority of homes in its direct peer group.

3. Is the lack of a garage a drawback?
This depends on buyer preference. Many homes in central, established neighbourhoods like King Edward were built without garages. The trade-off is often a more walkable location and a character-filled streetscape. On-site parking is still available.

4. The sold price history shows a range from 2022. Is that the original purchase price?
Likely, yes. Given the 2022 build date, the sale recorded in March 2022 was almost certainly the initial sale of the brand-new home. For the exact sale price, you can request the information via the provided email service.

5. How does the lot size impact the property's potential?
At 3,257 sqft, the lot is standard for the local area but smaller than the Winnipeg average. This means lower exterior maintenance but may limit possibilities for large additions or sprawling outdoor living spaces. The value here is concentrated in the building itself.