Property Summary: 635 Henderson Highway, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 635 Henderson Highway is a compact, nearly century-old property that presents a specific value proposition. Its key characteristic is its modest scale, with a living area of 750 sqft that is notably smaller than most comparable homes in its immediate area and across Winnipeg. Built in 1928, it sits on a roughly 4,788 sqft lot, which is a fairly standard size for the Munroe West neighbourhood.
The primary appeal lies in its accessibility and potential. With a municipal assessed value of $236k—significantly below area and city averages—it represents a lower barrier to entry into the Winnipeg housing market. This could suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable footprint without leaving the city. Its recent sale in late 2024 within the $200k-$250k range confirms its position in this accessible price tier.
A thoughtful perspective is that while the home itself is modest, it offers a solid lot in an established neighbourhood. For the right buyer, this represents a foundation—a chance to secure a location with the future potential to renovate or expand, transforming the property’s value over time.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 750 sqft, the living area is well below the average for similar homes on Henderson Highway (~1,286 sqft) and in Winnipeg overall (~1,342 sqft). It is a compact, efficient layout.
2. Why is the assessed value lower than many area homes?
The assessed value of $236k reflects the home’s smaller size, older age (1928), and its ranking relative to peers. It is consistently below the average for comparable properties on its street, in Munroe West, and citywide.
3. What is the land like?
The lot is 4,788 sqft. While this is smaller than many lots on Henderson Highway, it is very close to the average lot size for the Munroe West neighbourhood itself (~4,815 sqft).
4. How recently has it sold?
Records indicate it sold in November 2024. The sale price was within the $200,000 to $250,000 range, consistent with its assessed value positioning.
5. Where can I get exact historical sale prices?
The provided data shows price ranges. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS-sourced sold records directly on the page.