115 Paul Martin Drive

Property Overview & Key Characteristics

This home at 115 Paul Martin Drive in Mission Gardens presents a well-proportioned and modern offering within a mature Winnipeg neighbourhood. Built in 2006, its key appeal lies in its relative newness compared to much of the city's housing stock, offering a balance of contemporary build standards without the premium of a brand-new home.

The 1,240 sqft living space is notably above average for its immediate street and local area, suggesting a more spacious interior layout than many nearby comparables. The lot size of just under 5,000 sqft is generous for the street and typical for the Mission Gardens area, providing good outdoor space. From an investment perspective, the home consistently ranks "above average" in assessed value against its local and city-wide peer groups, indicating a history of solid valuation performance. A less obvious point of appeal is the neighbourhood consistency; the data shows homes on Paul Martin Drive are of a similar vintage and scale, contributing to a cohesive streetscape and predictable property values.

This property would best suit practical buyers looking for a move-in ready, low-maintenance home built this century, who value space efficiency over sheer size. It’s a strong candidate for first-time homeowners or downsizers seeking a manageable property in a settled community without sacrificing modern comforts.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,240 sqft, the living area is larger than the average home on Paul Martin Drive (~1,140 sqft) and in the broader Mission Gardens area (~1,162 sqft). It ranks in the top 16% and 30% for size in those respective groups.

2. What does the assessed value ranking indicate?
The assessed value of $43,900 ranks above average against comparable homes on its street, in its area, and city-wide. This generally suggests the property has been valued consistently higher than many peers, which can reflect factors like condition, updates, or desirable lot traits.

3. Is the lot size typical?
Yes. The 4,994 sqft lot is above average for Paul Martin Drive and is very typical for the Mission Gardens neighbourhood, ranking near the middle of the pack. It offers a standard suburban yard size for the area.

4. When was it last sold and for how much?
The home was sold in 2022. The exact sale price is not publicly listed, but data indicates it was in the range of $400,000 to $450,000, which placed it in the top quarter of sales for the area and city at that time.

5. What is the significance of the 2006 build year?
Built 20 years ago, this home is newer than most in Winnipeg (where the average comparable home was built around 1966). This often means fewer immediate major repairs (like roof or furnace replacement) compared to an older home, and building materials/standards that are more modern.