Property Overview: 138 Normand Park Drive, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition within its desirable Normand Park neighbourhood. Built in 1990, it is newer than most homes in Winnipeg and is one of the more recently built houses on its own street. The lot size of 6,289 sqft is solid, offering above-average outdoor space compared to the city overall.
The primary characteristic to note is the home’s size. With 1,487 sqft of living area, it is notably smaller than the typical home in Normand Park and on its specific street, where comparable properties average well over 2,000 sqft. This is reflected in its assessed value of $490k, which sits below the neighbourhood average but above the city-wide average. This creates an interesting dynamic: you are buying into a well-established area at a relative entry point.
Its appeal lies in this efficient footprint. It suits buyers seeking a manageable home without sacrificing lot size or location. It’s ideal for small families, empty-nesters, or first-time buyers aiming for a premium neighbourhood who prioritize yard space and community over square footage. A thoughtful perspective is that this property could represent a "right-sizing" opportunity—offering the neighbourhood amenities and land without the upkeep of a larger, older home common in the area. Its recent sale in 2023 also suggests modern market relevance.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it is a more accessible point of entry into Normand Park. You are paying below the neighbourhood average for assessed value, largely due to the home's smaller living area compared to its peers.
2. How does the lot size compare?
The lot is just below the average for the street and neighbourhood but is above the average lot size for the entire city, offering a generous outdoor space by Winnipeg standards.
3. What does the sale history indicate?
The home sold in March 2023 within the $500k-$550k range. This recent sale provides a clear, contemporary benchmark that aligns closely with its current $490k assessed value.
4. Is the house newer or older than others nearby?
Built in 1990, it is actually newer than most homes on its street and in the city overall, which often means potentially fewer major age-related updates in the near term compared to older stock.
5. How can I get the exact past sale prices?
The site provides sold price ranges. Due to industry rules, exact MLS sale figures are not displayed publicly here. You can request the exact historical sold prices by email through the site’s provided form for a manual lookup.