Property Overview

129 Youville Street presents a compelling mix of modern convenience and established neighborhood character in Norwood East. Its primary appeal lies in its exceptional newness for the area, having been built in 2019. This makes it a standout, ranking in the top 2% of homes on its street and in Norwood East for year built, offering buyers a move-in-ready home without the immediate maintenance concerns common with older properties.

The home’s assessed value of $430k is notably above average for both the street and the wider neighborhood, suggesting it is perceived as a premium offering in this location. While the living space (1,055 sq ft) is modest compared to area and city averages, it is efficiently designed for its era. A key trade-off is the smaller lot size (3,461 sq ft), which is below average for the street, neighborhood, and city. This likely means lower yard maintenance but less private outdoor space than many neighboring properties.

This property would ideally suit buyers who prioritize modern construction and systems over square footage or large yards. It’s a strong fit for professionals, small families, or downsizers seeking a newer, low-maintenance home in a mature, central Winnipeg neighborhood without undertaking a full renovation. The price point reflects a premium for the modern build in an area of mostly older homes.

Frequently Asked Questions

1. Is the price justified given the smaller living and land area?
The sold history shows it last traded between $450k-$500k in 2024, and its assessed value is well above neighborhood averages. The premium is largely for the modern build (2019), which offers updated materials, efficiency, and likely lower near-term repair costs compared to the area's predominantly mid-20th century homes.

2. What are the implications of having a smaller lot?
It typically means less yard work and lower landscaping costs. However, it may limit expansion possibilities (like additions or large decks) and offer less privacy or recreational space compared to neighbors on standard lots. It's a practical trade-off for those wanting less outdoor upkeep.

3. How does its value compare to nearby homes?
Its assessed value ranks in the top 9% for Norwood East, indicating it's valued significantly higher than most area homes. This is almost certainly due to its new construction date. Nearby comparison properties, while sometimes larger, are decades older.

4. What is the neighborhood vibe like?
Norwood East is a mature, established neighborhood. A home built in 2019 is a rarity here, meaning you’ll have a modern house within a classic Winnipeg streetscape of mostly older homes, close to amenities like parks, schools, and the Provencher Boulevard area.

5. Where can I get verified sale price history?
The provided data notes that exact sold prices are not displayed publicly on this site due to industry rules. You can request the exact sale history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.