Property Overview
This four-level split home at 95 Hamilton Meadows Drive in Winnipeg's Heritage Park neighborhood presents a practical and value-conscious opportunity. Built in 1991, it is a newer construction compared to most homes in the area and city-wide. With 1,658 sqft of living space and a 7,541 sqft lot, it offers above-average room both indoors and out for Heritage Park. A key feature is its unfinished basement, which provides a blank canvas for future expansion or customization. The home’s assessed value positions it as a more premium property within Heritage Park while remaining below the average for its specific street, suggesting potential value relative to its immediate neighbors.
Its appeal lies in this balance of space, a newer build date, and lot size for the neighborhood, all at an assessed value that is competitive within a broader context. It would suit buyers looking for a home with solid fundamentals in a mature neighborhood, who may value the opportunity to finish the basement to their own taste and potentially increase the home's value. It’s also a sensible choice for those who appreciate statistical advantages—like a newer home in an older-area—that may not be immediately obvious when simply driving through.
Frequently Asked Questions
1. How does this home really compare to others in the area?
The data shows it's a standout in Heritage Park for its year built (newer than 99% of comparable homes) and living space (larger than 83%). On its own street, it's more average in size but is one of the newest homes.
2. What does the "unfinished basement" mean for me?
It means the lower level is a blank space with rough-in plumbing, electrical, and insulation, but no finished walls, floors, or ceilings. This is a key opportunity to add personalized living space, such as a family room or extra bedrooms, but requires a planned budget and effort.
3. The assessed value seems high for the street but lower than the city average. Why?
Assessed values are for municipal tax purposes and reflect the property's value relative to different groups. Here, it's assessed higher than most in Heritage Park, indicating it's considered a premium property for the neighborhood. However, on its own street of larger homes, it falls below the average, which could be a point for negotiation.
4. Is the lot size typical?
Yes, and it's a plus. At over 7,500 sqft, the lot is larger than average for both Heritage Park and Winnipeg overall, providing generous outdoor space.
5. How can I find out the exact historical sale price?
The exact sale prices are not publicly displayed in detail. As noted, you can request the precise sale history by emailing the listing service; they provide this information manually without using your email for marketing.