Property Overview: 719 Henderson Highway, Winnipeg
Key Characteristics & Appeal
This home, built in 1947, presents a practical opportunity in Winnipeg's Munroe West neighbourhood. Its primary appeal lies in offering above-average interior space for the local area. With 1,320 square feet of living area, it ranks in the top 7% for size within Munroe West, meaning it provides more room than most nearby homes, which average just 958 sqft. This makes it a standout for buyers seeking space in this specific community.
The assessed value of $277,000 is very typical for Munroe West but sits below the Winnipeg citywide average. This positioning suggests a potential value proposition: you are acquiring a home that is spatially larger than most in the immediate area, at a price point that is standard for the neighbourhood. The 5,000 sqft lot is also consistent with area norms.
This property would suit a buyer who prioritizes interior square footage over a large yard and is comfortable with a home of this vintage. It’s a pragmatic choice for someone wanting to establish themselves in the community without paying a premium for extra land. A thoughtful perspective is that while the home is older, its construction date is actually slightly newer than many of its immediate peers on Henderson Highway, which may be a subtle plus for its structural condition.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
Based on available data, the home last sold between $250,000 and $300,000 in late 2022. Its current assessed value of $277,000 falls within that range, indicating a stable valuation in line with the recent market.
2. Is the lot size a disadvantage?
The 5,000 sqft lot is smaller than the average lot on Henderson Highway but is very close to the average for the wider Munroe West area. It offers a manageable yard space typical for the neighbourhood, which could mean lower maintenance.
3. What does the "below average" citywide assessed value mean?
While the value is around average for Munroe West, it ranks below average compared to all Winnipeg homes. This largely reflects the neighbourhood's overall pricing relative to newer or more central areas, not necessarily a condition issue with this specific house.
4. Given its age, what should I consider?
Built in 1947, the home is of a similar vintage to many in the area. Prospective buyers should prioritize a thorough inspection to understand the state of major aging components like the roof, plumbing, electrical, and foundation, which is a standard consideration for homes of this era.
5. How can I verify the exact past sale price?
The site provides sold price ranges for general reference. To obtain the exact historical sale figures and a fully verified transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.