Property Overview: 154 Heartstone Drive
Key Characteristics & Appeal
This well-situated home in Mission Gardens presents a compelling mix of modern comfort and strong investment metrics. Built in 2010, it is a notably newer property compared to most homes in Winnipeg, ranking in the top 6% for its age within the local area. With 1,515 sqft of living space, it offers above-average interior room for both the neighbourhood and the city. The standout feature is its assessed value, which ranks in the elite top 2-4% compared to immediate neighbours and the broader Mission Gardens area, suggesting a premium valuation relative to its peers.
The appeal lies in this combination of a modern, efficiently sized home within a mature neighbourhood. It suits buyers seeking a move-in-ready property without the concerns of an older home, while the strong assessed value indicates a history of solid market performance. The lot size is slightly more compact than others on the street, which may appeal to those looking for lower maintenance outdoor space without sacrificing interior volume. It’s an ideal fit for professionals, small families, or downsizers who prioritize a contemporary home in an established community with proven value retention.
Frequently Asked Questions
1. How does the sold price history inform its current value?
The home sold in the $550k-$600k range in 2023, a transaction that ranked in the top 1% for the area at that time. This recent sale, significantly higher than its 2020 sale price, underscores a strong appreciation trend and helps anchor its current market position.
2. What does the "elite" assessed value ranking practically mean?
While not a direct market price, an assessed value ranking in the top 2% for Mission Gardens indicates that the property is officially valued much higher than most homes around it. This often reflects desirable attributes, updates, or a premium location within the neighbourhood, which can be advantageous for equity and resale.
3. Is the lot size a disadvantage?
At 4,494 sqft, the lot is below average for Heartstone Drive but typical for Mission Gardens overall. This means smaller yard maintenance, which many buyers prefer. The trade-off is that the home itself is larger and newer than many in the area, effectively prioritizing interior space over expansive outdoor land.
4. How does its age benefit a buyer?
Being built in 2010 means major components like the roof, furnace, windows, and appliances are likely mid-life or newer, potentially deferring significant replacement costs for years compared to the city's average home built in 1966.
5. Where can I see more detailed context about the immediate area?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with filters for year built, size, and value. This allows for a detailed visual comparison of how it fits within the specific streetscape.