Property Overview
34 Hedgewood Cove presents a compelling mix of city-wide value and established neighbourhood character. Built in 2009, this home offers modern construction while being part of a mature community. Its appeal lies in its strong positional value: it’s a home that stands above most in the city for size and assessment, yet feels comfortably aligned within its immediate street and area.
Key Characteristics & Appeal
This 1,819 sqft home sits on a 5,810 sqft lot in Normand Park. The data reveals a clear story: this is a property that outperforms broader city benchmarks. Its living space is significantly larger than the Winnipeg average, and its $690,000 assessed value places it in the elite top 4% city-wide. While the lot size is slightly smaller than others on Hedgewood Cove, it is consistent with area and city averages. The home last sold in July 2023 for an estimated $700k-$750k.
The appeal is multifaceted. For buyers seeking a modern home (built 2009) without being in a brand-new subdivision, it offers a sweet spot. It suits professionals or growing families looking for space and a solid investment in a stable neighbourhood. A thoughtful perspective is that it offers the benefits of a newer build—likely with updated systems and less immediate maintenance—within an established community that has mature landscaping and settled infrastructure. It’s a home for someone who wants above-average space and value on a city scale, without necessarily being the largest or most expensive house on its own block.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $690,000 is a strong benchmark, placing the home in the top 4% city-wide. The previous sale in mid-2023 fell between $700,000 and $750,000, suggesting the assessment is closely aligned with recent market activity.
2. Is the lot size a disadvantage?
While the lot is smaller than some on its specific street, it is on par with the Normand Park average and actually larger than the typical Winnipeg lot. It provides ample outdoor space for most needs without the extensive upkeep of a much larger yard.
3. What does the "elite" city-wide ranking mean for property taxes?
A top 4% city-wide assessment generally means property taxes will be correspondingly higher, as they are based on this value. Buyers should factor this into their monthly budgeting, weighing it against the benefits of the home's size, modern age, and neighbourhood.
4. The home sold recently in 2023. Should I be concerned?
Not necessarily. A recent sale can indicate many things, from a job relocation to a lifestyle change. The solid assessed value and strong city-wide rankings suggest the property has maintained its desirability and market position.
5. How can I verify the exact historical sale price?
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, as they do not have access to or display MLS sales data due to industry regulations.