Property Overview: 1274 Henderson Highway, Winnipeg
Key Characteristics & Appeal
This two-storey home on Henderson Highway is defined by its generous space, both inside and out. With over 2,000 square feet of living area, the house is significantly larger than most comparable homes in its neighborhood and across Winnipeg, placing it in the top 10% for size. The property’s most standout feature is its expansive 12,824 sqft lot, which ranks in the elite top 3% citywide, offering exceptional outdoor potential. Built in 1951, the home is of a vintage that typically offers solid construction and character, though the basement is noted as unrenovated. It includes a detached garage.
The appeal lies in the rare combination of a very large home on an even larger parcel of land in a well-established area. It suits buyers looking for a project with a strong foundational canvas—those who value ample indoor space for a growing family and see the untapped potential in a vast yard for gardens, recreation, or future expansion. It’s a property for a buyer who prioritizes space and lot size over modern turn-key finishes and is prepared to invest in updates over time.
Frequently Asked Questions
1. What is the exact recent sale price?
The data shows a sale in May 2024 with a public price range. For the precise, verified sale price, you can request it via email from the listing source, as this information is provided manually to ensure accuracy.
2. How does the assessed value compare to the sale price?
The home’s assessed value is notably lower than its recent sale price. This is not uncommon, as municipal assessments for tax purposes often lag behind current market values, especially following a recent sale in a dynamic market.
3. What does "basement, not renovated" imply?
This indicates the lower level is functional but likely retains its original or older finishes, systems, and layout. Buyers should budget for potential updates to suit modern living standards, but it also presents an opportunity to customize the space.
4. Is the large lot a benefit or a burden?
It’s a significant benefit for privacy, outdoor activities, and future possibilities. However, it also means higher property taxes relative to smaller lots and requires more maintenance. Its value is for a buyer who will actively use or appreciate the space.
5. How does the age of the home affect things?
A 1951 build offers character and often sturdy construction. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components, like the roof, plumbing, and wiring, to plan for any necessary investments.