Property Summary: 4-858 St Mary's Road, Winnipeg
Key Characteristics & Buyer Profile
This is a 957 sqft unit in a Norberry multi-unit building, built in 2013. Its key appeal lies in its modern age compared to much of the local housing stock, offering a newer build with likely lower maintenance concerns within a well-established neighbourhood. The assessed value of $225k positions it as a more accessible entry point, especially when compared to the higher average values on St. Mary's Road itself.
The unit suits first-time buyers or investors seeking a relatively modern, low-maintenance property without a premium price tag. Its living space is compact but in line with the area average, making it efficient for individuals, couples, or small families. A thoughtful perspective is that while its size and value rank below average on its specific street—a street with larger, potentially more valuable homes—it holds its own within the broader Norberry area and citywide comparisons. This suggests it offers a balance of a newer build in a mature location, but buyers should be aware it is among the smaller units in the immediate building complex, as indicated by the identical addresses of nearby units.
Frequently Asked Questions
1. How does this property compare to others on the street?
It is a newer build (2013) on a street where the average comparable home was built decades earlier. However, at 957 sqft and with a $225k assessment, it is notably smaller and valued lower than the street average, indicating it is likely among the more compact and affordable options in this location.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is a starting point. The home last sold between $200k-$250k in 2021. Market conditions, specific unit features, and recent sales of similar units will ultimately determine the price.
3. What does the "rank" and "top X%" data mean?
It shows how this property compares to groups of similar homes. For example, its living area is in the "Top 80%" on its street, meaning about 80% of comparable street properties are larger. Conversely, its year built is in the "Top 29%" citywide, meaning it is newer than about 71% of comparable city properties.
4. The nearby reference properties have the same assessed value but are much larger. Why?
The reference properties at 848 and 850 St. Mary's Road are separate, likely older single-family homes. They share a similar assessed value but have different characteristics (size, age, type), which illustrates how property taxes can be similar for very different homes.
5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to industry rules, exact MLS sale figures are not displayed publicly here. You can request the exact transaction history manually via the email link provided on the detail page.