Property Overview
This 720 sqft bi-level home at 54 Hollyburn Road in Winnipeg's Heritage Park neighborhood presents a specific and practical opportunity. Built in 1996, it is notably newer than most homes in the area, which typically date to the 1970s. Its key characteristics include a renovated basement and a modest, manageable lot of just over 4,000 sqft. The home's living space and assessed value are below averages for both the immediate street and the wider city, positioning it as an accessible entry point.
The appeal lies in its relative modernity within an older-established neighborhood, potentially requiring fewer immediate updates than its peers. It suits first-time buyers or downsizers seeking a low-maintenance footprint without the premium for a new build. A thoughtful perspective is that its below-average metrics are not necessarily drawbacks but define its niche: it offers a chance to live in a mature community like Heritage Park at a typically lower threshold for both price and upkeep, ideal for those prioritizing financial efficiency and a simpler lifestyle.
Frequently Asked Questions
1. Is this a small house?
Yes. At 720 sqft of living area, it is smaller than most homes on the street, in Heritage Park, and across Winnipeg. This makes it a compact, efficient living space.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size and the specific market values in its local area. It's important to note that the city-wide average includes all property types and sizes; this home's assessment is in line with comparable, smaller properties.
3. What does it mean that the home is "newer" than most in the area?
Built in 1996, this home is approximately 25 years newer than the average home in Heritage Park. This can be an advantage, potentially meaning newer major components (like roofing, windows, or plumbing) and less immediate need for the major renovations older homes often require.
4. Is the lot size a limitation?
The 4,108 sqft lot is around average for Hollyburn Road but smaller than typical lots in Heritage Park and Winnipeg. This means less yard maintenance, which some buyers may prefer, but less private outdoor space than other homes in the broader area might offer.
5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing via the provided button on the listing page; the service commits to providing the accurate data without using your email for unsolicited marketing.