Property Overview: 244 Metcalfe Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This 1926 home presents a compelling mix of character and practicality. At 1,207 sqft, it offers above-average living space for its specific street, providing more room than many of its immediate neighbors. Its assessed value of $303k is notably above the street average, suggesting a well-maintained or updated property relative to others on the block. This creates an interesting value position: you get a home that stands out on its own street but comes at a more accessible price point compared to the broader, higher-value Norwood West neighborhood.
The appeal lies in this balance. It’s a chance to own a character home in a mature, established area without the premium often attached to the neighborhood’s larger lots. The lot size is compact (3,302 sqft), which means lower maintenance—a significant perk for downsizers, first-time buyers, or those seeking a lock-and-leave lifestyle without leaving a central community. Recent sales history indicates steady market interest.
This property would best suit buyers looking for a manageable, move-in-ready character home who prioritize interior space and location over a large yard. It’s a practical entry into Norwood West, ideal for small families, professionals, or retirees seeking a low-maintenance footprint in a central location.
Frequently Asked Questions
1. How does the value compare to the rest of Norwood West?
The home’s assessed value is below the neighborhood average, placing it in a more affordable tier within Norwood West. This indicates it may offer a cost-effective way to enter this desirable area.
2. Is the lot size a disadvantage?
While smaller than the area average, the lot requires less upkeep. This can be a major advantage for those who don’t want extensive gardening or yard maintenance, translating to savings in both time and cost.
3. What does the sale history tell us?
The property sold in 2022 and again in 2023, with the sold price ranking improving from the 38th to the 13th percentile on its street in that time. This suggests increasing buyer competition or perceived value for this specific home.
4. How can I verify the exact past sale prices?
The site provides estimated price bands. To obtain the exact, verified sale figures, you must request them via email from the service, as they manually retrieve this data due to industry regulations.
5. Is the living space adequate for a family?
At 1,207 sqft, the living area is above average for the street and near the citywide average. It is a practical size for a small family, especially when balanced against the benefits of the location and lower maintenance lot.