Property Overview: 39 Marcus Place, Winnipeg

Key Characteristics & Appeal

This home at 39 Marcus Place in the Meadows neighbourhood presents a balanced offering centered on its generous lot size. Built in 1978, the 1,212 sqft house sits on a 7,070 sqft property, which is notably larger than most lots in the Meadows area and across Winnipeg. This above-average land area is the home's standout feature, offering clear potential for gardening, expansion, or simply more private outdoor space compared to neighbouring properties.

Its appeal lies in this land value proposition within a mature, established community. The home itself is of a practical size, slightly smaller than the immediate street average but aligned with area norms. With an assessed value of $420,000, it positions itself as a mid-range option in its local market. The last known sale was between $500k-$550k in 2022. It would suit a buyer who prioritizes yard space over a larger interior footprint—perfect for those envisioning a future addition, a dedicated garden, or seeking a sense of openness in a settled suburb. It's a property where the land may hold more long-term value than the existing structure, appealing to strategic buyers or those comfortable with a home that may benefit from updates.

Frequently Asked Questions

1. How does the lot size compare to nearby homes?
The lot is a key advantage. At 7,070 sqft, it ranks in the top 10% within the Meadows neighbourhood, meaning it's significantly larger than most properties in the immediate area.

2. Is the house smaller than others on the street?
Yes, the living area of 1,212 sqft is somewhat below the average for Marcus Place itself. However, it is very close to the average size for the broader Meadows neighbourhood.

3. What does the sold price history indicate?
The home sold in the $500,000 to $550,000 range in 2022. This was above its current assessed value of $420,000, which is common, as assessed values for tax purposes often lag behind market sale prices.

4. How old is this home relative to the area?
Built in 1978, it is older than the average home in the Meadows neighbourhood but is close to the average age for the city of Winnipeg as a whole.

5. Where can I see more detailed comparisons?
You can open the neighbourhood analysis page for an interactive map to visually compare this property's year built, living area, assessed value, and lot size against its immediate neighbours.