Property Overview: 12 Hastings Boulevard, Norberry, Winnipeg
Key Characteristics & Appeal
This 776 sqft bungalow, built in 1947, presents a straightforward, lower-maintenance opportunity in the established Norberry neighborhood. Its primary appeal lies in its position as an accessible entry point into the Winnipeg market, with an assessed value notably below area and city averages. The home is suited for first-time buyers, downsizers, or investors seeking a practical footprint with a manageable lot. A thoughtful perspective considers that its smaller-than-average living area and land size (5,275 sqft) translate to reduced upkeep costs and utility expenses, which can be a significant long-term advantage. While the home ranks below average in size and value metrics for its immediate street, it aligns more closely with neighborhood and citywide norms, suggesting it represents the more modest end of a well-established community rather than an outlier.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $264k is a benchmark for municipal taxation, not a market price. Given it's below local averages, it may indicate a competitive starting point, but the final sale price will depend on condition, updates, and current market demand.
2. How does the smaller living area impact livability?
At 776 sqft, the home is compact. It would suit individuals, couples, or those comfortable with efficient living spaces. It's important to consider if the layout is open or segmented, as this greatly affects the feel of the space.
3. What are the implications of the lot size?
The lot is smaller than others on Hastings Boulevard but near the neighborhood average. This means a more manageable yard for gardening or maintenance, but less privacy and space for expansions or large outdoor amenities compared to some direct neighbors.
4. Are sold prices available for this specific home?
Per the note, a full public transaction history isn't displayed. You can request that the site manually look up and provide the most accurate available sales history via email.
5. How does this home compare to others nearby?
The provided comparisons show nearby homes with similar assessed values but varying sizes and ages. For instance, a reference property on the same street is larger and valued higher, while another on a different street is smaller and valued lower, highlighting the importance of evaluating each property's specific condition and location.