849 Hector Avenue

Property Overview: 849 Hector Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home at 849 Hector Avenue in the Ebby-Wentworth neighbourhood presents a specific and practical profile. Its key characteristic is its modern build date (2009), making it significantly newer than most homes on its street and across Winnipeg. This suggests updated construction standards, newer major systems, and less immediate need for costly renovations. The living space (1,312 sq ft) is comfortably above average for the immediate area, offering good interior room.

The appeal lies in this balance of a modern, low-maintenance structure within an established neighbourhood. It suits first-time buyers or downsizers seeking a home that doesn’t require major immediate work, and practical investors looking for a relatively contemporary rental property. A thoughtful perspective is the trade-off: while the house itself is newer and larger than many nearby, the lot is notably smaller (2,500 sq ft). This makes it ideal for those who prioritize the building over extensive outdoor space, but less suitable for those dreaming of large gardens, decks, or future expansions.

Section 2: Frequently Asked Questions

1. What does "basement yes, not renovated" mean?
It indicates the home has a basement, but it is in its original, unfinished state. This provides valuable storage or mechanical space, with the potential for future development, but it is not a livable family room or rental suite as-is.

2. Why is the assessed value so much lower than the city-wide average home value?
The assessed value is used for calculating property taxes and is not the same as market value. This figure is influenced by the home's specific attributes, the neighbourhood, and recent area sales. The city-wide average includes all property types and much more expensive areas, so a direct comparison isn't meaningful.

3. How does the small lot size impact daily living?
The smaller lot typically means less yard maintenance, which can be a benefit for busy homeowners. However, it may limit private outdoor entertaining space, the potential for adding structures like a large garage, and could mean homes are situated closer together.

4. The home sold in 2016 for $32.5k. Is the current price similar?
No, the 2016 sale price is historical data and not indicative of current market value. Real estate prices have changed significantly since then. Always rely on a current market evaluation or recent comparable sales for today's value.

5. What are the implications of having no garage?
Parking will be limited to driveway or street parking. This is a common feature in many older Winnipeg neighbourhoods. Buyers should consider this for vehicle storage, winter convenience, and where guests would park.