Property Overview: 111 Mardena Crescent, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, modernity, and value within Winnipeg’s Normand Park neighborhood. Built in 2008, it offers the benefits of a relatively modern construction, likely requiring less immediate upkeep than the city’s older housing stock. With 1,555 sqft of living area, it is notably spacious compared to the Winnipeg average, yet it sits on a larger-than-average lot for its immediate street, providing generous outdoor space.
The appeal lies in its balanced positioning. The assessed value of $599k is competitive, sitting around the average for Normand Park but ranking within the top 8% city-wide, suggesting strong value for money compared to the broader market. This creates an opportunity to own a modern, well-sized home in an established area without the premium price tag of newer subdivisions.
This property would suit practical buyers looking for a move-in-ready family home without extreme renovations. It’s ideal for those who prioritize indoor and outdoor space in equal measure and appreciate a home that holds above-average value city-wide while being priced in line with its local peers. A thoughtful perspective is that while the living area is smaller than some neighbors, this can translate to lower utility costs and more manageable maintenance, paired with a lot that offers room for gardens, play, or expansion.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
Its assessed value of $599k ranks in the top 8% city-wide, where the average is about $390k. This indicates it holds significant value compared to the entire Winnipeg market, though it is priced around the median for the Normand Park area.
2. Is the house considered large for Winnipeg?
Yes. With 1,555 sqft of living area, it is above the city-wide average of 1,342 sqft. However, it is slightly below the average for both its immediate street and the Normand Park area, where homes tend to be larger.
3. What is the lot size, and how does it compare?
The lot is 6,821 sqft. This is above average for Mardena Crescent and slightly above the city-wide average, offering more outdoor space than many properties.
4. When was it last sold, and for how much?
Public records indicate it was sold in March 2016 for a price between CA$450,000 and $500,000. Exact sold prices require a manual lookup request through the site.
5. The data shows the home is "below average" for living area on its street. Should I be concerned?
This is a relative measure. It means most direct neighbors have larger homes, which is common in established neighborhoods. Importantly, the home remains above the city-wide average for size and is coupled with a larger-than-average lot for the street, offering a different balance of space.