Property Overview
This home at 53 St Vital Road in Winnipeg's Norberry neighbourhood presents a compelling mix of space, value, and location. Built in 1956, its key appeal lies not in being exceptional in any single category, but in offering a well-rounded and above-average package for its immediate area.
Key Characteristics & Appeal
The property stands out for its generous 7,564 sqft lot, which is significantly larger than most on its street and across the city. This provides ample outdoor space, a rarity that offers potential for gardening, expansion, or simply more privacy. With 1,158 sqft of living area, the house itself is comfortably sized, closely matching the neighbourhood average.
Its assessed value of $401,000 is notably above average for both St Vital Road and the broader Norberry area, suggesting the municipal assessment recognizes its desirable lot size and solid proportions. Recent sale history shows a substantial increase in value between 2019 and 2021, indicating strong market appreciation.
This home would suit practical buyers who prioritize land size over a brand-new build. It’s ideal for someone looking for a established neighbourhood character, who values the potential of a large yard, and who understands that a home from the 1950s may require updates but offers good space for the price. It represents a grounded choice for a growing family or a buyer seeking a long-term hold in a stable area.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is in the top 23% on its own street and the top 14% in Norberry, meaning it is officially valued higher than most comparable homes nearby. This is likely due to its larger-than-average lot size.
2. Is the lot size a significant feature?
Yes. At over 7,500 sqft, the lot is in the top 20% on St Vital Road and the top 13% city-wide. This is one of the property's strongest assets, offering more outdoor space than typical city lots.
3. What does the sale history tell us?
The home sold in 2021 for between $400,000-$450,000, which was in the top 16% of sales on its street at that time. This followed a sale in 2019 for $250,000-$300,000, showing a significant increase in market price over a short period.
4. Is the living space considered large?
At 1,158 sqft, the living area is very close to the neighbourhood average. Its appeal is based on the overall package—good interior space combined with a very large lot—rather than an exceptionally large house.
5. Where can I get verified sale price data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact transaction history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.