Property Overview: 148 Hill Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This 708 sqft home, built in 1940, presents a compact and efficient living space on a roughly average-sized lot for the area. Its primary appeal lies in its position as a more accessible entry point into the established Norwood East neighborhood. With an assessed value significantly below both the street and city averages, it offers a lower financial barrier to homeownership compared to many other properties. The recent sale price range (CA$300k–350k) aligns with this, suggesting it transacts at a value-conscious tier for Winnipeg.
This property would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance footprint. Its below-average living area means it’s best for those comfortable with cozy, efficient spaces or who see potential in thoughtful renovations to maximize layout. A thoughtful perspective is that its smaller size and lot, while below average statistically, translate to lower utility costs, less upkeep, and a manageable scale—appealing for a practical, simplified lifestyle without sacrificing location.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 708 sqft, the home’s living area is below the average for Hill Street, Norwood East, and Winnipeg overall. It represents a compact option in the area.
2. Is the assessed value a good indicator of the market price?
The assessed value is $286k, which is below local averages. The sold price range of CA$300k–350k suggests the market price may align closely with or slightly exceed this assessment, reflecting a value-oriented position.
3. What is the land size, and is it typical?
The lot is 4,559 sqft. This is around the average for Hill Street and Norwood East but smaller than the citywide average, offering a reasonably sized yard for the neighborhood.
4. How old is the home, and what does that imply?
Built in 1940, the home is typical for its street and area. Buyers should anticipate the potential for updates and maintenance consistent with a house of this era.
5. Where can I find verified, exact sold price data for this property?
The site provides sold price ranges publicly. For fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.