Property Overview

This home at 11 St Vital Road in Winnipeg's Norberry neighbourhood presents a solid, mid-century property that aligns closely with local averages. Built in 1955, it offers 1,022 square feet of living space on a 5,356 sqft lot, with a municipal assessed value of $339,000. Recent sales data indicates it sold in late 2024 for an estimated $350,000–$400,000. The appeal here is one of consistency and value within its established community, rather than standout luxury or size.

Key Characteristics & Ideal Buyer

The home's key characteristic is its alignment with neighbourhood norms. Its living space, lot size, and assessed value all rank consistently in the middle of the pack when compared to nearby homes on St Vital Road and in Norberry. This suggests a property that is neither over-improved nor under-improved for the area. Its lot is slightly more compact than some area averages, which can mean less maintenance.

The appeal lies in its predictability and potential as a comfortable, single-family home in a mature neighbourhood. It suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable community over a brand-new build. A thoughtful perspective is that a home which so closely mirrors its surroundings may offer a clearer, less volatile market value, reducing the risk of overpaying for hyper-local trends. It’s a property for someone seeking a straightforward entry into homeownership without unexpected extremes in size, tax assessment, or lot upkeep.

Frequently Asked Questions

1. How does this home’s size compare to others in Winnipeg?
At just over 1,000 sqft, the living area is below the Winnipeg city-wide average for comparable homes (about 1,342 sqft). However, it is much more in line with the smaller average home sizes found specifically in the Norberry area.

2. Is the assessed value a reliable indicator of the sale price?
The home sold for an estimated $350k–$400k, which is above its $339k assessed value. This is common, as assessed values for tax purposes often differ from market value. The sale price ranked in the top 25% for the street, indicating strong buyer interest relative to immediate neighbours.

3. What should I consider about a home built in 1955?
While the building’s age is typical for the neighbourhood, a home of this vintage may have original components, like plumbing or electrical systems, that could require updating. A thorough inspection is essential to understand the condition and any needed investments.

4. The lot seems smaller than some area averages. Is that a disadvantage?
The lot is slightly smaller than the Norberry average. This can be an advantage for those seeking lower yard maintenance. It still provides ample outdoor space for a garden or patio without being overwhelming.

5. How can I find out the exact sold price?
The site provides sold price ranges publicly. To obtain the exact sale figure, you must request it directly via email from the service, as they manually look up and provide this data due to industry regulations preventing its direct publication.