Property Overview: 18 Hickory Wood Place, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 865 sqft bungalow, built in 1990, sits on a 3,876 sqft lot in the Mission Gardens neighbourhood. Its key appeal lies in its position as a competitively priced, lower-maintenance entry point into the Winnipeg market. The home is notably compact, with a living area below averages for its street, neighbourhood, and city, which suggests efficiency over spaciousness. Its assessed value is modest and below the average for its immediate street, yet it aligns more closely with broader area and city benchmarks. The lot size is fairly typical for the street but smaller than many in the wider city.
This property would best suit first-time buyers, downsizers, or investors seeking an affordable foothold in a stable area. Its manageable scale and newer construction date relative to much of the city’s housing stock (ranking in the top 22% city-wide for year built) mean major systems may have more modern updates than older homes, a less obvious but practical advantage. The recent 2023 sale in the $350k-$400k range indicates active market interest. The appeal here is fundamentally pragmatic: it’s a home that prioritizes financial accessibility and ease of upkeep over square footage.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbours?
Yes. At 865 sqft, the living area is below the average for homes on Hickory Wood Place (~1,002 sqft) and in the Mission Gardens area (~1,162 sqft). It represents a more compact, efficient floor plan.
2. How does the assessed value compare to the recent sale price?
The assessed value is $33.5k, which is a provincial assessment for tax purposes and not an indicator of market value. The home sold for between $350,000 and $400,000 in 2023, which is the relevant market benchmark.
3. What does the "year built" ranking mean for this house?
Built in 1990, this home is newer than 78% of comparable properties across Winnipeg (ranking in the top 22% city-wide). This can be an advantage, potentially meaning fewer immediate concerns with aging roofs, wiring, or plumbing found in much older homes.
4. Is the lot size a drawback?
The 3,876 sqft lot is around average for Hickory Wood Place but is below the neighbourhood and city averages. It provides a manageable yard space without the maintenance burden of a larger plot.
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 sold price history via a manual email request, with a promise of a reply by the end of the same day without using your email for marketing.