Property Overview: 2 Hedgewood Cove, Winnipeg
Key Characteristics & Buyer Appeal
This home at 2 Hedgewood Cove in Normand Park is a property of notable contrasts, defined by how it compares at different levels. Built in 2008, it is a relatively modern home situated on a generous 6,692 sqft lot. Its primary appeal lies in its spacious 2,081 sqft living area, which ranks in the top 10% on its own street and the top 9% city-wide, offering significantly more interior space than the average Winnipeg home.
The financial perspective is interesting. With an assessed value of $651,000, it sits around the average for its immediate neighbourhood and street. However, this value places it in the elite top 5% city-wide, highlighting Normand Park as an established, higher-value area. The home’s recent sale history shows consistent growth, with each transaction ranking in a higher percentile city-wide than the last.
This property would best suit buyers looking for established neighbourhood character with above-average interior space, who appreciate a home that is modern enough to avoid major immediate renovations but may be due for some updates. It’s a strong fit for those who value a large lot within the city and understand they are investing in a premium area, as reflected in the city-wide assessment rankings.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s $651,000 assessed value is in the top 5% city-wide, where the average is about $390,100. This indicates it is located in a well-established, higher-value area of the city.
2. Is the home relatively new?
Built in 2008, it is newer than 87% of homes across Winnipeg. On its own street and in Normand Park, however, it is around or slightly below the average year built, meaning the immediate area consists of similarly aged or newer homes.
3. What does the sale history indicate?
The home has sold three times in recent years (2016, 2021, 2022), with each sale price ranking in a higher percentile city-wide than the previous sale, suggesting a trend of strong value appreciation relative to the broader market.
4. How spacious is the property?
The 2,081 sqft living area is notably larger than most Winnipeg homes. The 6,692 sqft lot is also above the city average, providing ample outdoor space while being fairly typical for the Normand Park area.
5. Where can I get verified sale price details?
The site displays past sale prices in broad bands. For exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.