Property Overview
This home at 43 Paul Martin Drive in Winnipeg's Mission Gardens neighbourhood presents a specific value proposition. Built in 2006, it's a relatively modern home in a city with many older properties. The 1,006 sqft living space is compact, ranking below average for its immediate street and the wider city, suggesting an efficient, lower-maintenance footprint. Its appeal is anchored in its above-average assessed value for the Mission Gardens area and a land size (5,048 sqft) that is generous for its street, offering good outdoor space relative to nearby homes.
The property suits first-time buyers or downsizers seeking a modern build without the premium of a brand-new home, and who prioritize yard space over interior square footage. Its recent sale history indicates strong value growth, making it a point of interest for those looking in established, mature neighbourhoods. A thoughtful perspective is that while the home itself is modest in size, its above-average lot and modern construction in a neighbourhood with older averages could offer a balance of privacy and newer systems, which is not always easy to find.
Frequently Asked Questions
How does the home's size compare to its neighbours?
The living area is 1,006 sqft, which is below the average for Paul Martin Drive and the city overall. This indicates a more compact, efficient layout compared to many nearby homes.
Is the assessed value high for the area?
Yes. The assessed value ranks in the top 29% for the Mission Gardens neighbourhood, meaning it is considered above average here, though it is around average when compared just to its street or the entire city.
What does the sale history tell us?
The home sold in 2020 and again in 2024. The price increased significantly from the $300k-$350k range to the $400k-$450k range, demonstrating substantial appreciation over a four-year period.
How old is the home relative to others?
Built in 2006, it is newer than most homes in Winnipeg. It ranks in the top 18% for year built in Mission Gardens and the top 14% city-wide, meaning it's among the newer properties in a broader context.
Is the lot size a standout feature?
The 5,048 sqft lot is above average for Paul Martin Drive, ranking in the top 21%. This is a key feature, offering more outdoor space than many direct neighbours, even though the home's interior is modestly sized.