Property Overview: 110 Hallet Street, North Point Douglas
Key Characteristics & Buyer Appeal
This 1,520 sqft home, built in 1946, presents a compelling mix of established character and relative value within its immediate neighborhood. Its primary appeal lies in its strong positioning on Hallet Street itself. With an assessed value of $207,000, it ranks in the top 8% for value on its street and boasts a land area (3,367 sqft) in the elite top 4%, suggesting a more substantial lot than most nearby properties. The living space is above average for both the North Point Douglas area and the wider city, offering good interior volume.
The data paints a picture of a home that is a standout on its own block but sits at a more accessible price point compared to the Winnipeg city-wide average, where its assessed value falls below the norm. This dynamic makes it particularly suited for buyers who prioritize lot size and see value in an established, close-knit community like North Point Douglas. It would appeal to pragmatic investors or owner-occupants looking for a character home with space, who are less concerned with being in a newer city subdivision and are strategically focused on micro-neighborhood metrics.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighborhood average?
The assessment of $207k is significantly above the averages for Hallet Street and North Point Douglas. This often reflects factors like the home's above-average living area, its lot size (which is in the top 4% on the street), and recent market activity, including its sale in mid-2022 within the $250k-$300k range.
2. How does the sale history affect current value?
The property sold in July 2022 for an estimated $250,000-$300,000. This recent transaction provides a concrete market benchmark that is higher than its current assessed value, which can be a useful data point for understanding potential market value.
3. What does the "Elite" ranking for land area mean?
Ranking in the top 4% (2nd out of 49 homes) for land area on Hallet Street means this property has one of the largest lots on the block. This is a key differentiator, offering more outdoor space and potential than most direct comparables.
4. The home is older than the city average. Should I be concerned?
Built in 1946, it is newer than most homes on its street and in North Point Douglas, ranking in the top 20% for the area. While older than the city-wide average, its age is typical for the historic neighborhood. A thorough inspection is always recommended to understand the condition of major systems.
5. How can I verify the exact past sale price?
The site provides sold price ranges for general research. Due to industry regulations, exact sale figures are not published publicly here. You can request the exact sold price history via email through the provided link for a manual lookup.