Property Overview: 317 Hatcher Road, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 970 sqft bungalow, built in 1976, presents a practical and affordable entry point into Winnipeg’s Mission Gardens neighborhood. Its core appeal lies in its relative value and established location. While the home’s living space and 3,895 sqft lot are modest compared to broader city averages, they are quite typical for its immediate street, suggesting it fits comfortably within the fabric of this specific area. The assessed value is notably below average for the wider Mission Gardens area, which could indicate a lower property tax burden or an opportunity for value appreciation.
The property would suit first-time buyers or downsizers seeking a manageable, single-level home without a premium price tag. It also appeals to the value-conscious investor or buyer who prioritizes location and fundamentals over size, and who sees potential in a home that is competitively positioned on its own street but priced below its neighborhood average. A thoughtful perspective is that a home ranking "newer" on its own street (built in 1976, yet in the top 23% on Hatcher Road) may have undergone fewer major replacements than older homes, so a thorough inspection of original major systems (roof, windows, furnace) from that era would be prudent.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold in the CA$250k–300k range in 2021. This past sale, ranking in the top 53% on its street but only top 73% in the broader Mission Gardens area, reinforces the theme of being a solid value within its immediate context.
2. What does the assessed value tell me?
At $28,400, the assessed value is for municipal tax purposes and is often lower than market value. Its ranking—significantly below the Mission Gardens average—suggests the property may be taxed at a lower rate than many area homes, which is a positive for ongoing holding costs.
3. Is the lot size a limitation?
At just under 4,000 sqft, the yard is smaller than many in the city and neighborhood. However, it is close to the average for Hatcher Road itself. This could mean lower maintenance, which is a benefit for some, but may limit expansion possibilities or outdoor space.
4. How does the living area compare for daily life?
At 970 sqft, the home is compact. It is suitable for a small household. The data shows it provides roughly the space of a typical home on its street but less than the neighborhood average, emphasizing efficient use of space.
5. Where can I see more context about the location?
For detailed maps and direct comparisons with nearby homes regarding year built, size, and value, you can open the dedicated neighbourhood analysis page linked in the full property details.