Property Overview
508 Marjorie Street is a one-storey home in Winnipeg's King Edward neighbourhood, built in 1955. Its key appeal lies in its balance of a generous, above-average lot size with a modest, efficiently sized living space. The home features a renovated basement and a detached garage.
Key Characteristics & Appeal
This property stands out for its land. At 4,774 sqft, the lot size is well above average for both the street and the wider King Edward area, offering significant outdoor space and potential in a mature neighbourhood. The living area (926 sqft) is typical for the immediate locale, suggesting a manageable, low-maintenance footprint. The renovated basement adds functional living space. Its assessed value is consistent with similar homes on the street, indicating a stable, established area.
The home would suit first-time buyers or downsizers looking for a classic Winnipeg character home with a sizable yard, without the upkeep of a larger house. It also appeals to value-oriented buyers who see potential in the generous lot, whether for gardening, expansion, or long-term property value.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
At 4,774 sqft, it is larger than the average lot in King Edward and on Marjorie Street itself, but slightly below the Winnipeg city-wide average. It offers more private outdoor space than most direct neighbours.
2. Is the home larger or smaller than others nearby?
The living space is very close to the average for both Marjorie Street and the King Edward neighbourhood, but is notably smaller than the city-wide average home. It’s a comfortably sized home for the area.
3. What does the "above average" year built mean?
Built in 1955, it is newer than many homes on its street and in King Edward, where average build years are 1950 and 1948 respectively. This could suggest updates to core systems or a slightly different architectural style than the oldest homes in the area.
4. How recent is the sold price data?
The most recent recorded sale was in August 2024, with a price range between $255,000 and $285,000.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them via email from the site; they provide this data manually and state they will not use your email for unsolicited marketing.