Property Overview: 2 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This home at 2 Hillbrook Drive is defined by its substantial lot and strong value positioning within a modern context. Built in 2016, the 1,799 sqft residence sits on an exceptionally large 9,583 sqft lot, which ranks in the top 1-2% of its immediate area and street. This generous outdoor space is the property's most distinctive feature, offering rare potential for expansion, gardening, or recreation compared to newer subdivisions.
Its assessed value of $642,000 is notably above average, placing it in the top 4% of the North Inkster Industrial area and the top 17% on its own street. This suggests a premium valuation driven by the lot size and the home's condition. While the living area is fairly typical for the street, it is above average for the wider city, indicating a comfortable family-sized layout.
The appeal lies in securing a relatively modern home (10 years old) that avoids the maintenance concerns of older properties, while providing a land footprint that is increasingly uncommon. It suits buyers looking for a "best of both worlds" scenario: a contemporary build without the postage-stamp lot. It would particularly fit growing families seeking room for a playset or future additions, or purchasers who prioritize private outdoor space over a maximized interior square footage.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value reflects the combination of a modern, well-sized home and, most significantly, an exceptionally large lot. The lot size is a major value driver, placing the property in an elite category locally.
2. Is the North Inkster Industrial area truly industrial?
Despite the name, this neighbourhood is primarily residential. The "Industrial" designation is a historical or zoning district name, and the surrounding listings are family homes.
3. How does the 2016 sale price relate to the current assessed value?
The home sold for an estimated $400k-$450k in 2016. The rise to the $642,000 assessment reflects market appreciation over the past decade and the premium value assigned to its large lot.
4. What does "below average" for Year Built in the area mean?
In this context, it simply means many homes in North Inkster Industrial were built more recently than 2016. It is not a negative mark on the home's condition, but shows the area has seen ongoing new development.
5. Can I see the exact historical sale prices?
Exact sale figures are not published publicly due to industry regulations. The site provides estimated price bands, but you can request the precise transaction history by emailing their support team for a manual lookup.