Property Overview: 14 Hedgewood Cove, Normand Park
Key Characteristics & Appeal
This home at 14 Hedgewood Cove presents a compelling blend of space, value, and a mature setting. Built in 2008, it is a well-established property in a neighbourhood of similar-aged homes. Its primary appeal lies in its significant lot size—over 10,400 square feet—which places it in the top 10% of its immediate street and the top 5% citywide. This offers exceptional outdoor potential compared to most Winnipeg properties.
The nearly 2,000 sqft living area is comfortably above average for the city, though it is more in line with the typical size found in the broader Normand Park area. The standout feature is the assessed value of $828,000, which is elite city-wide (top 2%), indicating a premium valuation relative to the general market. This suggests the property is positioned in a desirable micro-location, likely benefiting from its generous lot and established streetscape.
This home would suit buyers looking for a substantial, private yard in a mature suburban setting without needing a brand-new build. It’s ideal for those who prioritize outdoor space over having the newest home on the block and who see value in a property with a strong, above-average assessment in a stable neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg home?
The lot of 10,414 sqft is exceptionally large, placing it in the top 5% of all residential properties in Winnipeg. It is significantly larger than the city-wide average lot of about 6,570 sqft.
2. The home was built in 2008. Is it older than others on the street?
Yes, slightly. With a 2008 build year, it ranks 8th newest out of 10 homes on Hedgewood Cove, making it one of the older homes on this specific street, though it remains a modern property overall.
3. Why is the assessed value so high compared to the city average?
The assessed value of $828,000 is in the top 2% citywide, where the average is about $390,000. This premium reflects the property's large lot, above-average living space, and its position in a desirable area within Normand Park, where property values are generally well above the city norm.
4. What does the previous sale price tell us?
The home sold in late 2016 for between $700,000 and $750,000. That price was in the top 3% of all Winnipeg sales at the time, confirming the property's long-standing premium market position.
5. Where can I see verified, exact historical sale data?
The provided sale price is an estimate from public records. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as this information is not sourced from the MLS system.