Property Overview: 34 Moore Avenue, Norberry, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a distinct value proposition centered on its generous 10,042 sqft lot, which is significantly larger than most properties on its street, in Norberry, and across Winnipeg. This is the standout feature, offering ample outdoor space for gardening, recreation, or future expansion. The house itself, built in 1955, is a modest 832 sqft, making it smaller than area averages. Its current assessed value of $352k is generally in line with local benchmarks.
The primary appeal lies in the land-to-structure ratio. It’s a property where the true potential is tied to the lot, suiting buyers who prioritize outdoor space over immediate square footage. It would be ideal for a first-time buyer or downsizer comfortable with a smaller, efficient footprint who dreams of a large garden, or for a long-term investor who sees value in the land itself. The price point, anchored by the smaller home, provides an entry into a mature neighbourhood with the rare bonus of extensive yard space.
Frequently Asked Questions
1. Is the house too small for a growing family?
At 832 sqft, the living space is compact. It would suit a small family, a couple, or a single buyer. The large lot, however, offers room for a future addition, subject to municipal approvals, which could make it a strategic purchase for a family planning to expand the home over time.
2. How does the large lot impact property taxes and maintenance?
While the assessed value is currently around area averages, the substantial lot size could influence future assessments. Buyers should budget for higher yard maintenance costs (e.g., lawn care, landscaping) compared to a standard city lot.
3. What does the sold price history indicate?
Records show it last sold between $250k-$300k in early 2019. The increase to the current $352k assessment reflects broader market trends. For exact historical sold prices, you can request a manual lookup via email from the site.
4. Are the older home’s systems a concern?
Built in 1955, the age of major components like the roof, plumbing, electrical, and foundation should be carefully evaluated during a professional home inspection. This is a key due diligence step for any buyer.
5. How does this property’s value compare to its neighbours?
The data shows its assessed value is around the average for Moore Avenue and Norberry. Its uniqueness comes from the lot size ranking in the top 7% for the area, meaning you’re paying a typical price but getting an atypically large piece of land.