Property Overview: 1236 Hector Bay W, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Grant Park offers a blend of space, location, and established character. Its key strength is the generous 6,222 sqft lot, which places it in the top 11% of properties on its street for land area. This provides significant outdoor space and potential in a mature neighborhood. The 1,270 sqft living area is comfortably above average for both the immediate area and Grant Park, and it benefits from a renovated basement. The home's assessed value consistently ranks above average across street, neighborhood, and city-wide comparisons, suggesting a solid valuation foundation.
The appeal lies in its established, quiet setting on Hector Bay West, with the data indicating it's a larger-than-typical property for its specific locale. It suits buyers looking for a single-level living layout with ample yard space in a mature Winnipeg neighborhood. It would particularly fit those who value room to garden, entertain outdoors, or potentially expand, and who appreciate a home that stands above its immediate peers in terms of lot size and living space without being a city-wide outlier. A thoughtful perspective is that while the home itself was built in 1958, its above-average rankings in a neighborhood of similar vintage point to a property that has been maintained and valued consistently over time.
Frequently Asked Questions
1. What does the "above average" ranking actually mean for a buyer?
It means that compared to similar homes on the same street and in the Grant Park area, this property scores highly on key metrics like lot size and living area. You're getting more space than is typical for this specific location, which is often a driver of value and livability.
2. The home was last sold in late 2019. Is there more detailed price history available?
Yes. The sold price ranges shown are based on public data. The listing service offers to provide the exact sold price history via a manual email request, which they aim to fulfill by the end of the same business day.
3. How does the assessed value compare to likely market value?
While assessed value is used for property tax calculation and isn't a direct market appraisal, its consistent "above average" ranking against comparable homes suggests the property is positioned well within its market segment. It's a useful benchmark, but a current market evaluation is always recommended.
4. What are the implications of a renovated basement?
A renovated basement adds functional living space to the home's 1,270 sqft footprint. It's important to clarify the nature of the renovation—whether it's a finished recreational space, additional bedrooms, or a suite—and to verify that any work was done with proper permits.
5. The lot is large for the area. What should I consider with that?
A large lot is a major asset, offering privacy, space for additions like a deck or garage, and landscaping potential. However, it also means more yard maintenance. It's wise to check the zoning bylaws to understand what you can build or modify, and to consider the costs and benefits of the extra outdoor space.