Property Overview & Key Characteristics
This home at 75 Paul Martin Drive in Mission Gardens presents a specific and practical profile. Built in 2007, it is notably newer than most homes in its immediate area and across Winnipeg, placing it in the top 5% of its street for age. This suggests a potentially lower need for major system updates and modern construction standards. The living space of 1,175 sq ft is comfortably above average for the street and on par with the neighbourhood, offering a practical footprint for daily life.
The appeal here is one of balance and efficiency. The lot size is compact, which translates to less yard maintenance—a plus for those seeking a low-upkeep lifestyle—but may limit extensive outdoor projects. A key perspective is its assessed value, which is below average for Paul Martin Drive itself. This could indicate a different valuation approach or property feature compared to direct neighbours, but it aligns with averages in the wider Mission Gardens area. The home last sold between $300k-$350k in 2020.
This property would suit first-time buyers or downsizers looking for a modern, manageable home in a mature neighbourhood. It’s also a sensible fit for pragmatic buyers who prioritize a newer build with efficient living space over a large lot, and for those who see potential value in a home assessed conservatively on its own street.
Frequently Asked Questions
1. What does the "below average" assessed value on the street indicate?
It means this home's official assessed value is lower than most on Paul Martin Drive. This doesn't necessarily reflect condition, but could relate to its specific lot size, features, or municipal valuation. It's important to compare it to recent sale prices, like its 2020 sale, for a market perspective.
2. Is the smaller lot size a significant drawback?
It depends on your lifestyle. The lot is under 4,000 sq ft, which is smaller than typical for the city. This limits expansive gardening or large additions but significantly reduces yard maintenance time and cost, which many buyers appreciate.
3. The home is newer than most nearby. What are the advantages?
A 2007 build likely means more modern wiring, plumbing, insulation, and building codes compared to the area's older housing stock. This can translate to better energy efficiency and fewer immediate major repairs.
4. How does the living space compare to typical Winnipeg homes?
At 1,175 sq ft, it is slightly smaller than the Winnipeg average (~1,342 sq ft). However, it is above average for its specific street and typical for the Mission Gardens neighbourhood, indicating the homes in this area are generally of a comfortable, mid-size range.
5. How can I find out the exact historical sold price?
The provided sale history shows a range. To obtain the precise sale price, you can use the email request service provided on the listing page. They manually confirm and share the exact figure, typically by the end of the same business day.