Property Overview: 411 Hudson Street, Winnipeg
Key Characteristics & Appeal
This home at 411 Hudson Street in Maybank is defined by a standout feature: an exceptionally large lot. At over 10,000 square feet, the land area ranks in the top 3% on its street and the top 2% in the neighbourhood, offering rare potential for expansion, gardening, or outdoor living. The house itself, built in 1959, is a modest 1,012 sqft bungalow with an assessed value that positions it as an average investment within its broader context. Its appeal lies in this land-to-building ratio—it’s a property where the true value may be more in the ground it sits on than the structure itself.
It would suit a practical buyer looking for a solid foundation in a stable neighbourhood, whether that’s a first-time homeowner willing to live with the existing footprint while enjoying expansive outdoor space, or a long-term investor who recognizes the value of a large lot in a mature area. It’s less suited for someone seeking a move-in-ready, modern large home, and more for those who see potential in the land or are comfortable with a home that offers functional, no-frills living.
Frequently Asked Questions
1. What is the most notable feature of this property?
The lot size is the defining characteristic. At 10,137 sqft, it is significantly larger than most homes on the street and in the wider Maybank area, offering uncommon space and privacy for the neighbourhood.
2. How does the home’s size compare to others?
The living area of 1,012 sqft is slightly below the average for similar homes in Winnipeg. It is a compact bungalow, suggesting the property’s value is weighted more toward the land than the interior square footage.
3. What does the sold price history indicate?
The home sold between $350k-$400k in 2023, which was around the average rate for the area at that time. A previous sale in 2017 for $250k-$300k was a high-value sale for the street itself, indicating consistent interest in the property or its lot.
4. Is the assessed value a good indicator of the market price?
Not directly. The municipal assessed value for tax purposes is $34,800k, which is a fraction of recent sale prices. Market value is driven by buyer demand, recent sales comparables, and the unique lot size, not the assessment.
5. Who are the immediate neighbours?
The surrounding properties on Hudson Street are very close, typical of older neighbourhoods. The direct neighbours at 407, 417, and 421 Hudson are all similar in vintage and style, suggesting a consistent, established streetscape.