Property Overview: 110 Paul Martin Drive, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical and modern living option within Winnipeg’s Mission Gardens neighborhood. Built in 2007, its age is a standout feature, ranking it among the top 5% of newest homes on its street. This suggests a property likely requiring less immediate major maintenance compared to older city averages.
With 1,033 sqft of living space and a 4,427 sqft lot, the home offers manageable, efficient proportions. Its size is comfortably within the typical range for the immediate area, making it a sensible fit for first-time homebuyers, small families, or downsizers seeking a low-maintenance yard. The assessed value sits notably above the neighborhood average (top 25%), indicating it is viewed as a solid asset within Mission Gardens itself.
The appeal lies in its balance and modernity. It’s a relatively contemporary home in a mature area, offering move-in readiness without the premium often attached to brand-new construction. Recent sale history shows steady value appreciation. It best suits buyers looking for a turnkey, modestly-sized home who prioritize a newer build date and a stable, established community over expansive square footage or a large lot.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is above average for its specific neighborhood (Mission Gardens) but is around the average mark when compared to the entire city. This suggests you are investing in a well-regarded property within a desirable local context.
2. Is the living space considered small?
At 1,033 sqft, it is slightly below the city-wide average for living area. However, it is very much in line with the typical size of homes in Mission Gardens and on Paul Martin Drive itself, reflecting the efficient design of homes from its era in this community.
3. What does the "Elite" ranking for year built mean?
This indicates the home, built in 2007, is one of the newest on its street—ranking 3rd newest out of 57 comparable properties. In a city with many older homes, this relative newness is a significant advantage for systems, structure, and potential energy efficiency.
4. How has the property’s value changed over time?
Based on available sales data, the home sold in the $300k-$350k range in 2017 and in the $400k-$450k range in 2023. This indicates a pattern of value growth over that six-year period, consistent with broader market trends.
5. What is the lot size like for the area?
The lot is 4,427 sqft, which is slightly smaller than the average lot on its street and in Mission Gardens. This translates to a yard that is easier to maintain, which can be a benefit for those not wanting extensive outdoor upkeep.