Property Overview: 26 Mardena Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Normand Park presents a compelling blend of space, modernity, and value. Built in 2008, it offers over 2,000 square feet of living area, which is notably above the Winnipeg city average, providing ample room for families. Its assessed value of $610,000 positions it as a premium property citywide, yet it is very much in line with the averages for its immediate street and neighborhood, suggesting a fair market price for the area.
The primary appeal lies in this balance. You acquire a spacious, relatively modern home without paying a significant premium for its specific location within Normand Park. A thoughtful perspective is that while the lot size is smaller than most on the street, this often translates to less yard maintenance—a potential benefit for buyers seeking indoor space over extensive outdoor upkeep. It suits buyers looking for a move-in-ready, spacious family home in a mature neighborhood, who prioritize interior square footage and modern construction (post-2000) over a large private yard. It’s particularly suited for those who value being in a solid, established area where the property represents strong city-wide value, even if it’s average within the local context.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
At 4,650 sqft, the lot is smaller than most neighboring properties. This means a more manageable yard but potentially less privacy and outdoor space than some homes on the street. The trade-off is a larger-than-average living area under the roof.
2. Is the asking price likely near the assessed value?
The home last sold in July 2023 for between $600,000 and $650,000. With a current assessed value of $610,000, any listing price would likely be anchored near that recent sale price and assessment, reflecting its established market value in the area.
3. What does the "above average city-wide" ranking mean for resale?
While the home is average for Normand Park, its space and value rank in the top 10% compared to all Winnipeg homes. This strong city-wide standing can be a positive factor for future resale, appealing to a broad buyer pool.
4. How updated is a 2008-built home likely to be?
A home from 2008 is modern enough to avoid major immediate renovations like roofing or foundational updates. However, buyers should anticipate the potential need to update finishes (like flooring or paint) and plan for the eventual replacement of mid-life mechanical systems (furnace, water heater) and appliances in the coming years.
5. Where can I get verified historical price data?
The provided sold price is based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.