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12-858 St Mary'S Road

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2013 13 years ago
Top 29%143/495
Top 31%5/16
Top 23%6058/26841

12-858 St Mary'S Road: For Year Built. On St Mary'S Road, above averageTop 29%, rank 143 of 495, and comparable homes in that group average about 1999. in Norberry, around averageTop 31%, rank 5 of 16, and comparable homes in that group average about 2014. citywide, above averageTop 23%, rank 6058 of 26841, and comparable homes in that group average about 1990.

Living Area
957 sqft
Top 80%394/495
Top 44%7/16
Top 54%14624/26841

12-858 St Mary'S Road: For Living Area. On St Mary'S Road, below averageTop 80%, rank 394 of 495, and comparable homes in that group average about 1,191 sqft. in Norberry, around averageTop 44%, rank 7 of 16, and comparable homes in that group average about 994 sqft. citywide, around averageTop 54%, rank 14624 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
22.60k
Top 78%385/495
Top 56%9/16
Top 52%13841/26841

12-858 St Mary'S Road: For Assessed Value. On St Mary'S Road, below averageTop 78%, rank 385 of 495, and comparable homes in that group average about 32.20k. in Norberry, around averageTop 56%, rank 9 of 16, and comparable homes in that group average about 23.70k. citywide, around averageTop 52%, rank 13841 of 26841, and comparable homes in that group average about 25.60k.

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Highlights & common questions: 12-858 St Mary'S Road, Winnipeg

Property Overview & Key Characteristics

This 2013-built home at 12-858 St. Mary's Road in Norberry offers a modern living space within a well-established neighbourhood. Its primary appeal lies in its relative newness compared to most surrounding homes, which largely date from the mid-20th century. With 957 sqft of living area, it presents a manageable, low-maintenance footprint. The property's standout feature is its exceptional value ranking; it sits in the top 1% of its street, top 0% of its neighbourhood, and top 0% of Winnipeg for its assessed value of $22,600. This suggests a very favourable tax assessment relative to the market.

The home would suit first-time buyers or downsizers seeking a modern, turnkey property without the premium price tag of a brand-new build. It's also a practical choice for investors or value-focused buyers attracted by the strong fiscal fundamentals, as indicated by its top-tier assessment rankings. A less obvious perspective is that this property represents a "modern infill" in an older area, offering newer mechanical systems and building standards while providing immediate access to the mature amenities and established community feel of Norberry.


Frequently Asked Questions

1. What does the exceptional "top 0%" value ranking actually mean?
It means this property's municipal assessed value is among the very lowest in its neighbourhood and city-wide, which typically translates to lower property taxes. This is a significant financial advantage compared to similarly sized homes.

2. The living area is noted as 957 sqft. Is this the total size?
Based on the data provided, 957 sqft is the listed living area. The listing specifies "Basement: No," indicating this is likely the total square footage of a bungalow or single-story dwelling without a below-ground level.

3. The home was built in 2013. How does this compare to the neighbourhood?
It is substantially newer. The provided comparable properties on St. Mary's Road were built in 1955, making this home nearly 60 years more recent. This often means updated building codes, materials, and systems.

4. There is no garage listed. What are the parking arrangements?
The listing specifies "Garage: None." Parking is likely via a driveway or designated street parking. This is a common trade-off for lower-maintenance properties and is an important point to verify.

5. The assessed value seems low. Does this indicate a problem with the property?
Not necessarily. Municipal assessment is for tax purposes and is based on mass appraisal formulas. A low assessment relative to market value is generally a positive, leading to tax savings. The market sale price is determined by current buyer demand and the property's condition.

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