Property Overview: 200 Eugenie Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home at 200 Eugenie Street is a standout property in Winnipeg's Norwood East neighbourhood, defined by its generous scale and premium positioning. Built in 1910, it is a character home with a living area of 2,142 sqft, which places it in the top 3% of homes in the local area for size—offering significantly more space than most. It sits on a large 6,111 sqft lot, providing ample outdoor space that is well above average for both the street and the neighbourhood.
The appeal lies in its combination of historic charm and substantial, above-average dimensions. With an assessed value of $535,000, it ranks in the top 6% on its street and top 4% in Norwood East, indicating it is considered a premium property within its immediate context. This suggests a home that has been well-maintained, updated, or possesses desirable features not captured by basic metrics. The last recorded sale was between $500,000-$550,000 in August 2022, aligning with its high assessment.
This property would best suit buyers looking for a established, spacious character home in a central neighbourhood, who value larger interior and exterior spaces over a newer build. It’s ideal for someone who appreciates the stature and potential of a century-old home and is prepared for the upkeep that comes with it. The numbers suggest it’s not a starter home, but a solid, high-tier property for those seeking room to grow and a long-term investment in a mature community.
Frequently Asked Questions
1. How does the 1910 build year affect the property?
While older than most homes in the city (top 94%), it is around average for its street. This indicates a street with historic character. Buyers should budget for potential maintenance or updates typical of a century-old home, but also gain the architectural charm and established presence that comes with it.
2. The assessed value seems high for the area. Why?
The assessment ($535k) is notably higher than local averages (~$329k). This typically reflects the home’s large size, lot, condition, and improvements. It positions the property in an elite tier for Norwood East, suggesting it is a premium offering rather than a typical area home.
3. Is the lot size a major advantage?
Yes. At over 6,000 sqft, the lot is in the top 10% for both the street and neighbourhood. This offers rare potential for gardening, expansion, outdoor living, or simply more privacy than is common in the area.
4. What does the sold price range from 2022 tell us?
The sale in the $500k-$550k range, close to the current assessed value, indicates the market has consistently supported its premium valuation. It shows strong, sustained buyer confidence in this specific property's worth.
5. Who are the most likely neighbours or comparable buyers?
Given its ranking, comparable buyers likely own homes on the same street or the handful of other large, higher-value properties in Norwood East. They are likely long-term residents who value space, character, and a central location over a new suburban build.