Property Overview
122 Des Meurons Street presents a distinct value proposition centered on its generous lot rather than its living space. Built in 1947, this 786 sqft home sits on a notably large 6,093 sqft parcel in Norwood East. Its assessed value of $300k is around the average for its immediate area but sits below the wider Winnipeg average, suggesting a price point anchored in its neighbourhood. The home’s appeal isn't in its size—its living area is below average on every scale—but in the potential of its land. It ranks in the top 4% of its street for lot size, offering a rare amount of private outdoor space for the area.
This property would best suit a pragmatic buyer who sees beyond the current footprint. It’s a clear fit for someone looking for a long-term project, whether that’s expanding the existing home, adding a secondary suite (subject to zoning), or simply prioritizing garden space over square footage. It also appeals to the value-conscious buyer seeking an entry into a established neighbourhood without a premium price tag, who is comfortable with a home that may require updates reflective of its age.
Frequently Asked Questions
1. Is the price competitive for the neighbourhood?
Yes. The home’s assessed value is very close to the average for both Des Meurons Street and the broader Norwood East area, indicating its price is aligned with local market norms.
2. The house seems small. What are the expansion possibilities?
The primary opportunity lies in the lot size. At over 6,000 sqft, the property has an unusually large footprint for the street, potentially allowing for a home addition, a garage, or extensive outdoor living spaces. Any expansion would require due diligence on zoning and permits.
3. How does the age of the home affect its value and condition?
Built in 1947, it is newer than many homes on its street and in Norwood East. While this can mean slightly more modern construction, a home of this age will still likely need systems updates (like plumbing or electrical) and should be thoroughly inspected.
4. What is the immediate neighbourhood like?
The listing shows several nearby properties on the same street with similar vintage and size, suggesting a consistent, established streetscape. The proximity to neighbours is close, as indicated by the addresses just meters away.
5. How can I verify the exact sales history for this property?
The site notes that exact sold price data is not displayed publicly due to industry rules. You must request this information directly via email, and they will provide a manual lookup of the full transaction history.