Property Overview: 792 St Mary's Road, Winnipeg
Key Characteristics & Appeal
This home is a compact, nearly century-old property in Norberry, presenting a clear value-oriented opportunity. Its key characteristic is its modest scale: at 752 sq ft, the living area is notably smaller than most homes on its street and in the wider area. This is balanced by a lot size of 4,533 sq ft, which is fairly typical for the city overall. With an assessed value of $306,000, it sits below the average for St. Mary's Road but aligns more closely with averages for the Norberry neighborhood and Winnipeg citywide.
The primary appeal lies in its position as an affordable entry point into a mature neighborhood. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with redevelopment potential, given the lot size. A thoughtful perspective is that its smaller interior and 1928 construction date may appeal to those specifically seeking a simpler, lower-maintenance footprint without the premium of a modern renovation, or to a buyer viewing it as a long-term hold with future land-value potential.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 752 square feet, the living area is significantly smaller than the average home on St. Mary's Road (approx. 1,488 sq ft) and is below average for the Norberry area.
2. Is the assessed value in line with the neighborhood?
Yes. While below the average for its specific street, the $306,000 assessment is around the average for the broader Norberry neighborhood and the city of Winnipeg.
3. What should I consider about a home built in 1928?
Prospective buyers should budget for potential updates to older mechanical systems, insulation, and windows. A thorough inspection is essential to understand the condition and any needed maintenance.
4. How does the lot size compare?
The 4,533 sq ft lot is smaller than most on the street and in Norberry, but is close to the average lot size across the entire city.
5. How can I get the exact historical sale price?
The site provides sold price ranges for context. To obtain verified, exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.