Property Overview: 124 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This 1,895 sqft home, built in 2016, presents a balanced, modern offering in the North Inkster Industrial area. Its primary appeal lies in its strong positional value: while it is a fairly typical home for its immediate street, it stands well above average for both size and assessed value when compared to the wider neighbourhood and the entire city. This suggests you are getting a relatively newer, larger home in an area where such properties are less common, potentially offering good long-term value retention.
The home sits on a 4,726 sqft lot, which is generous for the local area, providing above-average outdoor space compared to nearby properties. A thoughtful perspective is that this home represents a "sweet spot"—it's modern enough to avoid major near-term renovations, yet established enough that any initial community growing pains are likely settled. It last sold in 2016, and its current assessed value of $559k positions it significantly above the Winnipeg city average.
This property would suit practical buyers looking for a move-in ready, contemporary home without a premium price tag for a brand-new build. It’s ideal for those who value space and newer construction but prioritize being in a more established, developing area over a pristine new subdivision. It could also appeal to value-conscious investors or buyers who recognize the advantage of owning a top-tier property within its specific micro-market.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
While it ranks around the middle for size and value on its own street, it is in the top 21% for living area and top 29% for assessed value within the broader North Inkster Industrial area. This indicates it's a above-average property in its immediate community.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($559k) is for municipal tax purposes and is a starting point. Market conditions, the home's specific condition, and recent upgrades will determine the final sale price. It's notably higher than both the neighbourhood and city averages, suggesting a solid valuation base.
3. What does the lot size mean for potential expansion or outdoor use?
At 4,726 sqft, the lot is larger than most in the North Inkster Industrial area (top 20%), offering good space for gardening, recreation, or potential additions like a deck or shed, subject to local bylaws.
4. The home was last sold in 2016. What can I find out about past sale prices?
Exact historical sale prices are not publicly displayed here due to industry regulations. You can request the exact sold price history by email through the site, and the team will provide the verified figures manually.
5. How does the age of the home (10 years) affect maintenance?
Built in 2016, the home is modern and likely has contemporary building standards and systems. However, it is now at an age where some initial warranties may have expired and routine maintenance on original components (like appliances, HVAC, or exterior finishes) should be anticipated and budgeted for.