Property Overview: 122 Hatcher Road, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a compelling opportunity defined by its exceptional lot size and strong value proposition within its immediate neighborhood. Built in 1977, the 1,220 sqft house sits on a remarkably large 11,253 sqft lot, which ranks in the top 1-2% for the Mission Gardens area and city-wide. This generous outdoor space is the property's standout feature, offering rare potential for expansion, gardening, or recreation in a city setting.
Its appeal is rooted in being a well-positioned, established property in a mature neighborhood. The home's assessed value of $42.20k is notably the highest on Hatcher Road, indicating it is viewed as a premium property on its street. While the living area is above average for the street, it is closer to the typical size for the wider area, suggesting a home that is comfortable but where the true premium lies in the land itself.
This property would best suit a buyer who values space and long-term potential over a turn-key modern finish. It’s ideal for someone looking for a solid foundation in a quiet neighborhood, with the vision to update the interior over time or to fully utilize the expansive yard. It also represents a strategic entry into a stable area where the property already holds a leading position in terms of lot size and assessed value on its block.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average listed?
The provided city-wide average assessed value of $390k appears to be an outlier or error in the data presentation. A more relevant comparison is the local area average of $37.3k, against which this property is assessed higher at $42.2k. Always verify current market values through a real estate professional.
2. What does the lot size ranking actually mean for me?
Ranking in the top 1% for land area in Mission Gardens means this property offers one of the largest lots available in the neighborhood. This provides more privacy, space for additions like a garage or deck, and fewer constraints for landscaping compared to most nearby homes.
3. The home was last sold between 2016-2025. How can I get the exact sale price?
The exact sold price is not publicly listed in detail. As noted on the listing, you can request this information directly via email from the service, which manually provides the accurate historical sale data.
4. The house is from 1977. What should I consider?
A home of this age is likely to have original or older major systems (like roof, windows, plumbing, and electrical). A thorough inspection is crucial to understand the condition and to budget for any necessary updates or maintenance, which is typical for homes in mature neighborhoods.
5. How does the living area compare to nearby homes?
At 1,220 sqft, the living space is above average for Hatcher Road itself but is near the average for the broader Mission Gardens area. This indicates the home offers a comfortable size for the neighborhood, but its standout feature remains the disproportionate size of the lot relative to the house.