Property Overview
This one-storey home at 1206 Hector Bay W in Winnipeg's Grant Park neighbourhood presents a practical opportunity in a well-established area. Its key appeal lies in a balanced combination of a generous lot and a recently renovated basement, set within a community of similar vintage homes.
Key Characteristics & Ideal Buyer
The house itself, built in 1959, offers 1,078 sqft of living space, which is typical for the street and area. Its standout physical feature is the 6,460 sqft lot, which is notably larger than most in both Grant Park and on Hector Bay W itself, ranking in the top 10% locally. This provides valuable outdoor space and potential. The basement has been renovated, adding modern living space, and the property includes a detached garage.
The home’s assessed value is above average for its immediate surroundings, suggesting it is well-positioned within its market segment. It would best suit a buyer looking for a solid, no-fuss bungalow on a sizable lot in a mature neighbourhood. It’s ideal for someone who values space over a brand-new build, appreciates the character of established communities, and may see potential in the existing renovation and the ample yard. The data indicates it's a property that holds its own in the local context rather than being an outlier, offering a sense of stability.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a significant feature at 6,460 sqft. It ranks in the top 8% on Hector Bay W and the top 7% in the Grant Park area, meaning it is substantially larger than most comparable neighbouring properties.
2. Is the living space small for the area?
At 1,078 sqft, the living area is very close to the average for both the street (1,040 sqft) and the wider Grant Park area (1,061 sqft). It is a standard size for homes of this era and type in this location.
3. What does an above-average assessed value indicate?
The assessed value is in the top 15-16% for the immediate area. This typically reflects the property's combined attributes—like its larger lot and renovations—being valued more highly than many neighbouring homes, which may have smaller lots or unupdated features.
4. What is the home’s age in context?
Built in 1959, it is slightly newer than the average home on its street and in Grant Park, ranking in the top 20% locally. City-wide, its age is around the middle of the range. This places it firmly in Winnipeg's post-war building period.
5. Where can I find the exact historical sale price?
The provided sales history shows estimated price ranges. To obtain the precise sale price from its last transaction in June 2017, you can request the information directly via the email tool on the listing page. The service manually provides the accurate figure without using your email for marketing.