Property Overview: 55 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This 1,501 sqft home, built in 2016, presents a compelling mix of modern convenience and relative value. Its primary appeal lies in its position as a newer, well-sized home within the city that comes at an assessed value notably lower than its immediate neighbours. While the living space is below average for Hillbrook Drive itself, it is competitively sized for the wider North Inkster Industrial area and above average compared to the Winnipeg city-wide benchmark. The lot, at just under 4,000 sqft, is manageable and typical for the local area.
A thoughtful perspective here is the property's value positioning. Its assessed value of $490K is significantly below the street average, yet it sits above the city-wide average. This suggests you are acquiring a modern home with the benefit of newer construction (placing it in the top 6% city-wide for age) in an established area, but potentially at a more accessible entry point than the immediate block commands. It suits buyers looking for a turn-key, low-maintenance home from the last decade who prioritize modern systems and interior finishes over a large lot or the largest floor plan on the street. It may also appeal to value-conscious buyers who see potential in a home priced below its direct peers in a neighbourhood with generally higher averages.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data suggests it is. With an assessed value ranking in the bottom 3 of 60 on Hillbrook Drive and well below the street average, it presents a lower price point for a modern home on the same block.
2. How does the home's size compare to the rest of Winnipeg?
Quite favourably. While it's a smaller home for its specific street, its living area of 1,501 sqft is larger than approximately 70% of comparable homes across the entire city, indicating an efficient use of space above the municipal norm.
3. What does the "Top 6%" ranking for Year Built mean?
This means the home, built in 2016, is newer than approximately 94% of comparable properties across Winnipeg. This is a significant advantage, typically implying newer building materials, modern layouts, and updated mechanical systems like HVAC and plumbing.
4. The lot size is below the city-wide average. Is that a concern?
This depends on your lifestyle. The lot is very typical for the local North Inkster Industrial area (ranking near the median) and offers a manageable yard. It may be ideal for those seeking lower outdoor maintenance, but less suitable for those wanting extensive gardening or expansive private outdoor space.
5. Can I find out the exact historical sale price?
The listing service provides a sold price range from 2016 ($300K-$350K). For fully verified and exact sale figures, you must request a manual lookup via email from the service, as they do not display MLS sold records directly on the site.