Property Overview: 164 Redview Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 164 Redview Drive in Normand Park is defined by its generous scale and prime positioning within its community. Built in 1994, it sits on a large, approximately 10,373 sqft lot, which ranks in the top 11% for size on its own street. The living space of 2,483 sqft is consistently above average, placing it in the top 15-17% of the neighbourhood and an elite top 3% city-wide. This combination of a spacious interior on a substantial lot is its core appeal, offering room for both family living and outdoor enjoyment.
The assessed value of $762k reflects this premium, ranking well above local and city averages. This isn't just a large home; it's a standout property within a well-established area. It would best suit buyers looking for established neighbourhood character without sacrificing interior space, or those who prioritize a larger yard over a brand-new build. It’s a practical choice for a growing or multi-generational family needing room to spread out, and for value-conscious buyers who understand that its above-average metrics in a desirable area often translate into long-term stability.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $762k is for municipal tax purposes and is based on mass appraisal techniques. It’s a strong indicator of the home’s relative worth compared to neighbours, but the final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.
2. The home was last sold in May 2021. What was the exact price?
Publicly available data shows the sale price was in the range of $600,000 to $650,000. For verified, exact historical sale figures, you would need to request a manual lookup from the site, as they do not display full MLS transaction records.
3. What does the "elite" city-wide ranking for living area mean for me?
It highlights that this home offers significantly more square footage than the vast majority of Winnipeg homes. This is a key differentiator if you’re comparing neighbourhoods, suggesting you get more house for your money here than in many other parts of the city.
4. Is a 1994-built home likely to need major updates?
Homes from this era often have modern foundations like efficient furnace systems and updated electrical, but may be due for cosmetic refreshes (like kitchens or bathrooms) and should have major components (roof, windows) inspected for their remaining lifespan.
5. The lot is large, but how is it oriented and what are the implications?
The listing notes the lot size but not its orientation (e.g., south-facing for sun) or topography. A lot of this size in Normand Park could allow for additions, a large garden, or a pool, but you should verify any zoning restrictions, easements, or the backyard's sun exposure to match your plans.