Property Overview: 542 Henderson Highway
Section 1: Key Characteristics & Appeal
This is a truly distinctive property defined by its grand scale and historic presence. Built in 1905, the two-and-a-half-storey home sits on an exceptionally large, one-acre lot (44,468 sq ft), placing it in the top 1% for land size locally. The living space is equally impressive at 4,197 sq ft, also in the city’s top percentile. Key features include a renovated basement, an attached garage, and a pool.
Its appeal lies in the rare combination of immense privacy, afforded by the vast grounds, with the convenience of a major city artery. This isn't just a large house; it's an estate-like setting within Winnipeg. The significant assessed value of $960k reflects this stature. It would best suit buyers looking for a legacy property—those who value space, history, and uniqueness over modern turn-key convenience. It’s ideal for a family seeking multi-generational living, an entertainer, or someone with specific hobbies or collections requiring extensive indoor and outdoor room. The property demands a vision for both preserving its character and managing the upkeep of a 121-year-old home and its expansive grounds.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking mean for living area and land size?
It means this property is in the top 1% of all Winnipeg homes for both its interior square footage and its lot size. You are getting a scale of space that is exceptionally rare in the city.
2. The home was built in 1905. What should I consider?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should prioritize thorough inspections (structural, electrical, plumbing, roofing) to understand the home's condition and anticipate maintenance or modernization projects that respect its heritage.
3. The last sold price shows a wide range (99.50k ~ 1.02M). Why?
Public records sometimes show approximate ranges. The current assessed value of $960k is a more reliable indicator of its municipal valuation. For the exact historical sale price, you can request it directly from the site via the provided email link.
4. What are the implications of such a large lot?
It offers unparalleled privacy and potential for gardens, recreation, or additions. However, it also means higher property taxes, significant landscaping or snow clearing costs, and a responsibility for maintaining a very large piece of urban land.
5. The home is on Henderson Highway. What about noise and access?
Location on a major highway provides excellent direct access to the city. The trade-off is potential traffic noise, which the deep lot may mitigate. The value of the easy commute and the property's seclusion behind its long driveway are key considerations.