Property Overview
This 932 sqft property at 3-858 St. Mary's Road in Norberry is a relatively modern unit (built 2013) positioned as a practical and affordable entry point into the Winnipeg market. Its appeal lies in its balance of a newer build with a below-average assessed value of $220k, suggesting potential for manageable property taxes. The home is notably smaller than many on its own street, but its size is more in line with the citywide average, making it a compact, efficient space.
It would suit first-time buyers or investors seeking a modern building without a premium price tag, or downsizers looking for a low-maintenance home. A thoughtful perspective is that its newer construction likely means greater energy efficiency and fewer immediate repair concerns compared to the older neighbourhood average, which can offset the smaller living area. However, its value ranking is below average for both the street and immediate area, indicating it may be a more modest offering in its specific location.
Frequently Asked Questions
1. How does the property's size compare to nearby homes?
At 932 sqft, the living area is smaller than the average home on St. Mary's Road (~1,191 sqft) but is close to the citywide average. It represents a more compact living space within its immediate neighbourhood.
2. Is the assessed value likely to mean lower property taxes?
While assessed value is a key factor, the actual tax bill is determined by the municipal tax rate. However, a below-average assessment for the area generally suggests a relatively lower tax burden compared to higher-valued neighbours.
3. What are the advantages of a 2013 build in this area?
The home is significantly newer than many surrounding properties. This typically translates to modern building standards, updated systems (like plumbing and electrical), and potentially better energy efficiency, which can reduce maintenance costs and utility bills.
4. The sold price history shows a range of CA$200k–250k. Why is there a range and not an exact price?
For non-registered users, the site displays sold prices in broad bands to protect precise transaction data. You can request the exact historical sold figures by email through the site's provided service.
5. How does this property fit within the Norberry neighbourhood context?
The data shows a mix of older and newer homes on the street. This unit is among the newer builds, offering a modern living option in an established area. Its value and size are more modest compared to some larger, older homes on the same road, highlighting the variety of housing stock available.