Property Overview
33 Oustic Avenue W is a modern, well-sized home in Winnipeg's Norberry neighbourhood. Built in 2017, it stands out in an area of predominantly older homes. With 1,107 square feet of living space and an assessed value of $389,000, it offers a balance of contemporary comfort and established community feel.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern construction and strong value positioning. Built just nine years ago, it is a notably newer home, ranking in the top 5% for its age both on its street and within the wider Norberry area. This suggests lower immediate maintenance costs and modern building standards compared to most neighbours.
Its assessed value is significantly above average for the immediate area, indicating a premium property on its street and in Norberry. However, its value is around the city-wide average, presenting it as a competitively priced, modern home in the broader Winnipeg market. The living space is efficient and above average for the street, though the lot size is smaller than most in the neighbourhood. This combination suits buyers seeking a newer, turn-key home without the upkeep of an older property or the desire for extensive yard work.
This home would ideally suit first-time buyers or downsizers looking for a modern, low-maintenance home in a mature neighbourhood. It also appeals to value-conscious buyers who want a newer build without venturing to the outer suburbs, preferring the established character and amenities of an area like Norberry.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is smaller than most in Norberry and on the street. This means less yard maintenance, which can be a benefit, but also less private outdoor space. It’s a practical trade-off for a newer home in an established area.
2. The assessed value seems high for the neighbourhood. Why?
The assessment reflects the home's modern age (2017) compared to the area's average, which likely includes newer systems, finishes, and construction standards. It’s valued as a premium property within its immediate context but aligns with the city-wide average for homes.
3. What does the sale history tell us?
The home was last sold in October 2017 for an estimated $300,000–$350,000. This provides a baseline, and the current assessed value suggests significant appreciation since its original purchase, reflecting market trends and the desirability of newer homes in mature areas.
4. Is this a good option for someone wanting a large yard?
No. The land area is below average for the area. This property is better suited for those who prioritize the home's modern interior and low-maintenance living over having a large outdoor space.
5. How can I verify the exact past sale price?
The displayed price is a broad range from public records. For the exact, verified sale figure, you must request a manual lookup via email through the site. This is due to industry regulations that restrict the online display of precise MLS sold data.