Property Overview: 116 Marine Drive, Winnipeg
Key Characteristics & Appeal
This home at 116 Marine Drive in Normand Park presents a compelling blend of above-average space and a modern build within a well-established neighbourhood. Built in 2009, the property is notably newer than most Winnipeg homes. Its 2,327 sqft of living area places it comfortably above average for both the neighbourhood and the city, offering substantial room for a family. The lot size of just over 7,000 sqft is generous, providing ample outdoor space.
The primary appeal lies in its strong positional value. While the home's assessed value ($799k) is typical for Marine Drive itself, it ranks within the top 11% of Normand Park and an elite top 2% city-wide. This indicates you are acquiring a property in a desirable enclave, with a value that stands out significantly against the broader Winnipeg market. The home’s last known sale was between $650k-$700k in mid-2020.
This property would best suit buyers looking for a move-in ready, modern family home in a prime area, who value space both inside and out. It’s ideal for those who appreciate a home that holds above-average stature within its community and represents a solid, long-term investment in one of the city's more valuable neighbourhoods.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it’s a strong performer within Normand Park. Its living space is larger than about 77% of area homes, and its assessed value is higher than about 89% of them. On its own street, however, it sits around the median, meaning it fits right in with the calibre of homes on Marine Drive.
2. What does the "Elite" city-wide ranking for value actually mean?
With an assessed value in the top 2% of all Winnipeg properties, this home’s valuation is among the highest in the city. This underscores the premium nature of Normand Park as a whole and suggests a historically strong value retention.
3. The home sold in 2020. Why is the exact price not shown?
To access the exact historical sale price, you must request it via email from the site provider. Due to industry regulations, this specific data service does not incorporate or display MLS sales records directly on its platform.
4. Is a 2009-built home considered modern?
Yes, especially in Winnipeg. With the city-wide average build year around 1966, this 17-year-old home is significantly newer than roughly 88% of properties in Winnipeg, suggesting more contemporary construction standards and likely less immediate need for major system updates.
5. What might be a less obvious consideration about this property?
Its consistency is notable. The home isn't an extreme outlier in any single category on its street; instead, it demonstrates solid, above-average metrics across living space, lot size, and modern build year. This balance can indicate a stable and established streetscape without drastic variations in property style or value.