Property Overview: 45 Mardena Crescent, Normand Park, Winnipeg

Key Characteristics & Appeal

This home at 45 Mardena Crescent presents a compelling combination of space, modernity, and land. Built in 2009, it is a notably newer construction compared to the average Winnipeg home. Its 2,220 sqft of living area is spacious for the street and neighbourhood, and it sits on a large, private lot of nearly 9,000 sqft—a standout feature that places it in the top 10% of lots in Normand Park.

The appeal lies in its balanced position. It’s not the largest or most expensive home on the block, but it consistently ranks above average in every metric. The assessed value of $670k is elite city-wide (top 5%), indicating a high-caliber property, while being more in line with averages within the desirable Normand Park area itself. This suggests you are buying into a solid, established neighbourhood without overpaying for the privilege, while still getting a property that outperforms most of the city. The generous lot offers rare potential for expansion, gardening, or outdoor living that is hard to find in newer subdivisions.

This property would best suit buyers looking for a move-in ready, modern family home with room to grow, both inside and out. It’s ideal for those who value privacy and outdoor space but don’t want an older home requiring significant updates. It also represents a sound investment for someone looking at long-term value in a stable neighbourhood.

Frequently Asked Questions

1. How does the sold price from 2023 relate to the current assessed value?
The home sold for an estimated $650k-$700k in August 2023. The current assessed value of $670k falls squarely within that range, indicating the assessment closely reflects its recent market transaction.

2. Is the lot size typical for this area?
No, it is exceptional. At 8,989 sqft, the lot is significantly larger than the average on Mardena Crescent (~6,211 sqft) and in Normand Park overall (~6,991 sqft). It is one of the top three largest lots on the street.

3. What does it mean that the living area is "around average" for the neighbourhood?
While the home is spacious (2,220 sqft), Normand Park features many large homes. Its size is very comfortable and above average city-wide, but within the neighbourhood context, it is comparable to other high-quality homes, meaning you get the space without being an outlier.

4. How updated is a 2009-built home likely to be?
A 17-year-old home is modern in terms of structure and core systems (electrical, plumbing, insulation). However, buyers should be aware that original finishes, appliances, and mechanicals (like the furnace or water heater) may be nearing the end of their typical lifespans and could require attention or updating soon.

5. Where can I verify the exact historical sold prices?
The provided sold price is an estimate from public records. For fully verified and exact transaction history, you must request a manual lookup from the site via email, as they do not have access to official MLS sales data.