Property Overview: 112 Marine Drive, Normand Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 112 Marine Drive is a spacious, modern property built in 2009, offering a compelling blend of space, location, and relative value. Its primary appeal lies in its significant scale, both in its 2,449 sqft living area and its generous 7,741 sqft lot, which provide ample room for family living and outdoor enjoyment. The data reveals a nuanced position: while its assessed value ($764k) is around the average for its own desirable street, it ranks within the top 17% of its neighbourhood (Normand Park) and an elite top 3% city-wide. This suggests you are acquiring a property that is a standout in the broader Winnipeg market while being competitively priced within its immediate, high-calibre area.
The home would suit buyers looking for a move-in ready, contemporary property without the premium often attached to brand-new builds. It’s ideal for a growing or multi-generational family that prioritizes interior space and a large yard over having the absolute newest home on the block. A thoughtful perspective is that this property offers a "best of both worlds" scenario: it’s modern enough to avoid major near-term renovations, yet has settled into a mature streetscape, potentially offering more established landscaping and community cohesion than newer subdivisions.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $764k is for municipal tax purposes. Notably, a nearby comparable property at 133 Marine Drive has a higher assessed value ($992k), indicating a range of values on the street. The last sold price for this home was between $750k-$800k in late 2021. The current market value will depend on present conditions, updates made, and direct comparisons with recent sales.
2. Is the house large for the area?
Yes. With 2,449 sqft of living space, it is above the average for both Normand Park and significantly larger than the typical Winnipeg home. Its lot size is also notably larger than most in the city, placing it in the top 12% city-wide.
3. What does the "Top 37%" ranking for living area on its own street mean?
It means that 63% of the 59 comparable homes on Marine Drive have more living space. This indicates that while the home is very spacious by broad standards, Marine Drive itself is a street of substantial homes, so this property offers a balanced option—it has abundant space without being the very largest on the block.
4. How can I get the exact historical sold price data?
The site does not display MLS sold records due to industry rules. To obtain the full, verified transaction history and exact sold prices, you must request it directly via email through their provided system. They state this manual lookup is a free service and your email will not be used for marketing.
5. What are the potential implications of it being built in 2009?
A 2009 build is modern by city-wide standards (top 12%), meaning major systems like wiring, plumbing, and insulation are relatively current. However, it is now at an age where some initial components (e.g., roof shingles, major appliances, HVAC) may be nearing the end of their typical lifespan and could require inspection or planned replacement, which is a different consideration than with a brand-new build.