Property Summary: 347 Hudson Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 960 sqft home, built in 1964, sits on a modest 4,234 sqft lot in Maybank. Its core appeal lies in its value proposition and established neighbourhood setting. The home's assessed value is notably strong within Maybank, ranking above average for the area, which suggests a solid foundation of value relative to local taxes. However, the living space is below average for the street and city, indicating a more compact, manageable footprint.
This property would suit first-time buyers or downsizers seeking an entry into a stable neighbourhood without a premium price tag for square footage. It’s a practical choice for those who prioritize lot location and assessed value efficiency over sheer interior size. A thoughtful perspective is that while the lot is the smallest on Hudson Street, it requires less maintenance, potentially appealing to those wanting outdoor space without the upkeep of a larger yard. The home’s age (1964) is newer than many in the immediate area, which may imply fewer concerns about very aged infrastructure compared to neighbouring properties.
Section 2: Frequently Asked Questions
1. How does the property’s value hold up in different comparisons?
While the home’s living area is below average, its assessed value ranks significantly higher than average within the Maybank neighbourhood itself. This indicates it may be viewed favorably for its lot and location within the local market, even if it’s more modest in size.
2. What does the sale history tell us?
The home sold previously in 2017 and again in 2022. The 2022 sale price range placed it in the top 10% of sales for Hudson Street at that time, showing strong market performance. Requesting the exact sold price can provide precise trend data.
3. Is the small lot size a major drawback?
At 4,234 sqft, it is the smallest lot on Hudson Street. For buyers wanting extensive gardens or space for large additions, it’s a limitation. For others, it means less yard work and a potentially more co-operative, neighbourhood-focused street where homes are closer together.
4. How does the home compare to nearby properties?
For reference, direct neighbours at 343 and 351 Hudson Street are very close (within 24 meters), offering a sense of the streetscape. A nearby home at 1016 Clarence Avenue is newer (built 2015) with a similar assessed value but slightly less living area, highlighting this home’s position in the market.
5. Where can I get more detailed local context?
A neighbourhood analysis map is available to compare this property visually with nearby homes on metrics like year built, lot size, and assessed value, providing clearer context beyond the raw rankings.