Property Overview
39 Easy Street is a well-established home in Winnipeg's Normand Park neighbourhood. Built in 1987, it sits on a 5,765 sqft lot and offers 2,014 sqft of living space with a current assessed value of $530,000.
Key Characteristics & Appeal
This home presents a compelling value proposition rooted in its strong positional metrics. Its primary appeal lies in offering above-average space and value relative to broader city benchmarks. With a living area ranking in the top 11% city-wide and an assessed value in the top 15%, it provides more square footage than most Winnipeg homes at a value-oriented assessment point. In its immediate area of Normand Park, the home is more of a steady performer—its size and value are around the neighbourhood average, suggesting it fits comfortably within the local market without overpaying for the location.
The 1987 build date is a notable characteristic. While it places the home on the older side within Normand Park itself, it is actually newer than 75% of homes across Winnipeg. This positions it as a potentially well-built, mature home in a city-wide context, possibly with established landscaping and settled infrastructure. The lot size is consistently average across all comparison levels, offering standard outdoor space without extremes.
This property would suit practical buyers looking for a balanced investment. It's ideal for someone seeking a spacious family home that outperforms city averages, who appreciates a mature neighbourhood setting, and who is comfortable with a home from the late 1980s that may require updates. It’s less suited for buyers seeking the newest construction in Normand Park or a premium, top-tier property on its street.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold in June 2017 for between $400,000 and $450,000. The current $530,000 assessment reflects market growth over seven years and is above average for its street but around the average for the wider Normand Park area.
2. Is the home older than others in the area?
Yes, but with important context. Built in 1987, it is older than about 88% of homes in Normand Park, where many homes are newer. However, it is actually newer than about 75% of all homes across the City of Winnipeg.
3. What does the "top 11% city-wide" ranking for living area mean?
It means that, based on living area square footage, this home is larger than approximately 89% of all residential properties in Winnipeg. This is one of its strongest features, indicating significant interior space.
4. How is the property's value positioned for potential resale?
The assessment suggests strong city-wide value, but it is benchmarked against a higher average home value in Normand Park itself. This could indicate room for value growth if the home is updated, or it may represent a more affordable entry point into the neighbourhood.
5. Where can I see more detailed comparisons with nearby homes?
A neighbourhood analysis page is available to view this property on a map alongside immediate neighbours, comparing specific metrics like year built, lot size, and assessed value in detail.