Property Overview: 11 Hollyburn Road, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Heritage Park stands out for its above-average living space and modern build relative to its surroundings. With 1,403 sqft of living area, it offers significantly more room than most homes on its street and is comfortably above the neighbourhood average. Built in 1988, it is notably newer than many Winnipeg homes, potentially meaning fewer major age-related updates. A key feature is the renovated basement, adding functional living space. The property includes a detached garage.
Its primary appeal lies in its strong positioning within a desirable context. On its own street, it ranks in the top tier for both size and assessed value, suggesting it is a premium property on the block. While the lot size is more compact compared to the broader city, this often translates to less yard maintenance—a plus for many modern buyers. The home suits those looking for a move-in-ready property with ample interior space in a mature neighbourhood, without the extensive upkeep of a larger yard or an older vintage home. It would particularly appeal to professionals, small families, or downsizers seeking a comfortable, low-maintenance footprint without sacrificing room indoors.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
The lot is 3,039 sqft, which is smaller than the average for both Heritage Park and Winnipeg overall. This is a trade-off: it means less outdoor maintenance but also less private yard space. For buyers prioritizing interior space over extensive gardens, this is a practical fit.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is $41,500, which is for municipal tax purposes and is typically much lower than market value. The last recorded sale in 2022 was in the $39,500–$42,500 range, but market conditions have likely changed. Always rely on a current market evaluation from a real estate professional.
3. What does "renovated basement" imply?
While the listing confirms the basement is renovated, the scope and quality of the renovation are not detailed. A prospective buyer should inquire about the work performed, when it was done, whether permits were obtained, and if it includes a proper bedroom or legal secondary suite.
4. The home is newer than most in the area. What are the advantages?
A 1988 build likely means more modern construction standards, wiring, plumbing, and insulation compared to much of Winnipeg's older housing stock. This can translate to better energy efficiency and fewer immediate concerns about outdated systems.
5. How does this home rank in its immediate area?
The data shows this home is an outlier on its own street in a positive way—it’s in the top 3% for living area and assessed value among its direct peers. This indicates it is likely one of the larger and more valuable properties on Hollyburn Road, which can be a point of stability and appeal.