Property Overview: 810 Hector Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in the Ebby-Wentworth neighbourhood, built in 1946. With 652 sqft of living space, it is notably smaller than most homes in the city, positioning it as a minimalist or entry-level option. Its key features include a renovated basement and a detached garage. The lot size is modest at 3,950 sqft, which is fairly typical for the local area but below the citywide average.
The appeal lies in its efficiency and location. The assessed value is strong for the Ebby-Wentworth area, ranking above average locally, which suggests the property is well-regarded within its immediate market. The renovated basement adds functional living space. This home would suit first-time buyers seeking an affordable foothold, downsizers looking to simplify without leaving the neighbourhood, or investors interested in a manageable rental property. It offers a low-maintenance footprint with the potential of the basement suite, appealing to those prioritizing practicality and location over sheer size.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 652 sqft, the main floor living area is compact. However, the renovated basement significantly increases the usable space, making the overall footprint more functional than the square footage alone suggests.
2. How does the assessed value compare?
The assessed value of $34,400 is above average for the Ebby-Wentworth neighbourhood, but around the middle when compared to the rest of Winnipeg. This indicates the property holds good value within its local context.
3. What is the neighbourhood like?
Ebby-Wentworth is an established, mature neighbourhood. The property's metrics show homes here typically have smaller lots and are older than the city average, suggesting a classic, community-focused area rather than a newer suburban one.
4. Has the property value been stable?
Recent sale data shows transactions in 2021, 2022, and 2023. The sale price in 2023 was higher than in 2022, which may indicate a positive trend, but values should be considered within the broader market conditions of those years.
5. What are the less obvious considerations?
The home was built in 1946, so a prospective buyer should budget for potential updates to older mechanical systems or infrastructure. Additionally, while the lot is not large, its size is competitive within the local area, offering adequate outdoor space for the home's scale.