Property Overview: 209-250 Marion Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This is a well-situated, modern condominium in Winnipeg's Norwood East neighbourhood. Built in 2016, its key appeal lies in its contemporary construction, offering a move-in-ready home that avoids the immediate maintenance concerns of older properties. With 1,417 square feet of living space, it provides ample room, ranking well above the city-wide average for size. The assessed value of $304,000 positions it as a premium option within its immediate area but aligns with a solid, above-average investment city-wide.
The property’s strength is its balance. It offers newer-build amenities and space without being an outlier in price for its street, where it sits around the median. It suits buyers seeking a low-maintenance lifestyle without sacrificing square footage, particularly professionals, small families, or downsizers who value a modern interior and the established, vibrant community of Norwood East. A thoughtful perspective is that its "average" standing on its own street for value suggests it’s priced in line with its direct peers, potentially offering a stable, competitive entry point in a desirable building.
Frequently Asked Questions
1. How does this property compare to others in the area?
The home is notably newer than most in Norwood East and the wider city, placing it in the top 4% locally for year built. Its living space is significantly larger than the average Winnipeg home, ranking in the top 12% city-wide.
2. What is the likely selling price?
While exact historical sale prices require a manual request through the site, data indicates a previous sale between $300,000 and $350,000 in September 2022. The current assessed value is $304,000.
3. Is this a good investment compared to the whole city?
The assessed value ranks in the top 28% city-wide, above the average benchmark. This suggests it holds its value as a solid, above-average asset within the Winnipeg market.
4. How can I get verified sale history and exact past prices?
Due to industry regulations, exact MLS sale records are not displayed publicly on the site. You can request the full transaction history and exact figures via email from the provider, who will manually look up and send the information.
5. What does the ranking data actually mean?
The rankings show how this property compares to similar homes in three categories: on its street, in Norwood East, and across all of Winnipeg. A "Top 4%" rank for year built means it is newer than 96% of comparison homes, indicating a modern build.