Property Overview: 82 Easy Street, Normand Park, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of value, lot size, and modern construction within its context. Built in 1996, it is one of the newest homes on Easy Street, offering newer systems and potentially lower immediate maintenance than many neighbours. With 1,431 sqft of living space, it is more compact than most in the Normand Park area, but is actually slightly above the city-wide average, suggesting an efficient layout. The true standout is the 6,481 sqft lot, which is generously sized for the street and provides ample outdoor space.
The appeal lies in its value proposition. The assessed value of $505k is notably above the Winnipeg average, yet it sits below the norm for the Normand Park area. This positions it as a more accessible entry point into this neighbourhood. It suits practical buyers looking for a well-sized lot and a relatively modern home without the premium price tag of the area's larger estates. It would also appeal to those who prioritize outdoor space over expansive interior square footage, and to value-conscious purchasers who see the advantage of a city-wide above-average assessment in a desirable area.
Frequently Asked Questions
1. Is the living space too small for the neighbourhood?
While the home's living area is below the averages for both Easy Street and Normand Park, it is close to the typical size city-wide. This indicates a more efficient or compact layout compared to neighbouring homes, which often translates to lower utility costs and less upkeep.
2. Why is the assessed value higher than the city average?
The assessment reflects the property's desirable attributes within the wider Winnipeg market: a very large lot and a home that is newer than most in the city. It confirms that the property holds significant value on a municipal scale, even if it's priced below its immediate area's norm.
3. What does the sold price history from 2020 indicate?
The previous sale in late 2020 fell within the CA$400k-450k range. This historical data is a useful benchmark, but the current assessed value and market conditions have likely shifted since then. Requesting the exact sold price via the provided service can give a more precise historical anchor.
4. How meaningful is it that the home is "newer" on its street?
Being one of the newest homes on the block (ranked 2nd of 71 for year built on Easy Street) is a practical advantage. It often means updated major components like roofing, windows, and heating systems, potentially deferring significant renovation costs that are common with older homes.
5. Are the lot size and living area a typical combination here?
Not exactly. The combination of a larger-than-street-average lot with a smaller-than-area-average home is less common in Normand Park. This unique profile offers more outdoor privacy and potential (for gardens, decks, or expansions) than a typical property with a similar interior size.