Property Overview: 18 Marcie Street, Winnipeg
Key Characteristics & Appeal
This home at 18 Marcie Street in River East presents a solid, above-average offering in several key metrics. Its primary appeal lies in its generous scale and established value. With 1,822 square feet of living space, the home is notably larger than typical comparables in the neighborhood, city, and even on its own street. This size advantage is paired with a proportionally larger lot of over 7,200 square feet, providing ample outdoor space. Built in 1981, the property is of a vintage where major components may be due for updates, but it is newer than many area homes.
The data suggests a property that stands out for its space without being an outlier, offering a comfortable balance. It would suit practical buyers looking for a family-sized home in a mature neighborhood, who value interior room and yard size over a brand-new build. A thoughtful perspective is that its consistent "above average" rankings city-wide indicate a resilient baseline of value, potentially offering a stable investment in a variety of market conditions compared to more niche properties.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for an estimated $450,000–$500,000 in August 2024. Its assessed value is $458,000, placing the final sale price likely close to or slightly above its official valuation.
2. Is the home older or newer than others in the area?
Built in 1981, it is slightly newer than the average home in both the River East neighborhood and Winnipeg overall. On its specific street, its age is about average.
3. What does the ranking data actually tell me?
The rankings show how this property compares to others in three scopes: its immediate street, the wider River East area, and all of Winnipeg. For example, its living area is in the top 17% in River East, meaning it's significantly more spacious than most similar homes nearby.
4. How can I find out the exact sold price?
The site provides sold price ranges publicly. To receive the exact sale figure, you must request it via email from the service, as they manually look up and provide this data due to industry regulations.
5. What are the possible implications of the larger lot size?
At 7,239 sq. ft., the lot is above the city average. This could allow for more privacy, landscaping potential, or outdoor living space. It may also suggest a different streetscape or setback compared to homes on smaller, more standard lots in other parts of the city.