Property Overview
This home at 592 Hethrington Avenue presents a distinct value proposition within Winnipeg's Lord Roberts neighbourhood. Its appeal lies in a combination of a generous lot and a relatively modern build for the area, contrasted with a modestly sized living space.
Key Characteristics & Suitability
The standout feature is the land itself. At just over 4,196 sqft, the lot size is well above average for both the immediate street and the broader Lord Roberts area, offering valuable outdoor space and potential. Built in 1958, the house is notably newer than many neighbouring homes, which may suggest fewer concerns related to very old infrastructure. However, with 768 sqft of living area, the interior is compact, ranking below local averages.
This creates a specific appeal: it’s a property where the land value and the era of the build are the primary assets, rather than the finished living space. It last sold in the 2021 market for an estimated $250k-$300k, with a current assessed value of $33,700.
This profile would suit a practical buyer who values lot size over square footage. It could be an entry point into the neighbourhood for someone comfortable with a smaller footprint or a hands-on investor or builder who sees the underlying value in the land and the post-war construction, viewing the house itself as a candidate for renovation or expansion.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $33,700 is for municipal tax purposes and is typically much lower than market value. The market value is better indicated by the 2021 sale price range of $250k-$300k and current local comparisons.
2. How does the lot size compare to typical city lots?
While the lot is large for Lord Roberts, it is below the Winnipeg city-wide average. This highlights that neighbourhood character is key; you're getting a sizable yard for this specific, established inner-city area.
3. The house is noted as "newer," but it's from 1958. What does that mean?
In the context of Lord Roberts, where many homes were built in the early 1900s, a 1958 build is considered more modern. This can mean different construction materials, floor plans, and potentially updated electrical or plumbing systems compared to much older homes nearby.
4. What does the "below average" living area ranking mean for daily life?
With 768 sqft, the home offers essential living spaces but in a compact layout. It will suit a single person, a couple, or a small family comfortable with efficient use of space, but may feel tight for those needing multiple dedicated rooms or ample storage.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact sale price via a manual email request, which they aim to fulfill by the end of the same business day.