Property Overview: 494 Hethrington Avenue, Winnipeg
Key Characteristics & Appeal
This 990 sqft home, built in 2017, stands out in its established Lord Roberts neighbourhood for its modern construction amidst a sea of much older homes. Its primary appeal lies in this rarity—offering contemporary build quality and systems without sacrificing a central location. The property presents an interesting profile: while its living and land areas are modest compared to broader city averages, its Assessed Value ranks in the elite top 2-5% for its immediate area, suggesting it is a high-calibre asset on its street.
It perfectly suits a specific buyer: someone seeking a low-maintenance, modern home in a mature neighbourhood, who prioritizes move-in readiness and efficient use of space over a large lot or square footage. It’s a pragmatic choice for professionals, small families, or downsizers who want character outside their walls, not renovation projects within them. A thoughtful perspective is that this home offers a “best of both worlds” compromise, providing new-build comforts while its below-average lot size translates to less yard upkeep.
Frequently Asked Questions
1. Why is the Assessed Value so high relative to the home’s size?
The high assessment is primarily driven by the home’s very recent build year (2017). Modern construction, with contemporary materials, systems, and building codes, carries a significant premium in a neighbourhood where most homes are nearly a century older.
2. What does the "below average" city-wide ranking for lot size mean for me?
At approximately 2,500 sqft, the lot is smaller than the Winnipeg average. This means less exterior maintenance and yard work, which many buyers see as a benefit. It does, however, limit potential for large additions or extensive landscaping.
3. Is this a good investment compared to older homes on the street?
The data suggests it is a standout property on Hethrington Avenue. Its elite rankings for value and year built indicate it is viewed as a premium asset in its immediate context, which can be advantageous for long-term value retention in a transitioning area.
4. How can I find out the exact past sale price?
The listed sale price range is based on public data. The exact sale price from 2019 is available by request via the email link provided on the detail page. This is a manual process to ensure accuracy.
5. What are the likely trade-offs with a newer home in an old neighbourhood?
You gain modern insulation, wiring, plumbing, and layout. The trade-off is that the home’s architecture and lot size may differ from the neighbourhood’s traditional character. It’s less about charm and more about convenience and efficiency.