Property Overview: 157 Hill Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home at 157 Hill Street is a classic Norwood East property built in 1941, presenting a practical and grounded opportunity. With 1,050 sqft of living space and a 4,678 sqft lot, its metrics are consistently "around average" when compared to its immediate street and neighbourhood, suggesting it fits seamlessly into the local fabric rather than standing out as an outlier. Its assessed value of $306K follows this pattern, positioned just below the local average but notably more affordable than the city-wide benchmark, indicating relative value within its established community.
The appeal lies in its representativeness. This isn't a speculative property; it's a home in a mature neighbourhood where values are stable and comparisons are straightforward. It would suit a first-time buyer or a downsizer looking for an honest, no-surprises entry into a central Winnipeg neighbourhood. The lot size is a quiet asset—larger than many on its street—offering tangible outdoor space that is becoming less common in newer developments. A thoughtful perspective is that its older age (ranking in the top 80% city-wide, meaning it's older than 80% of homes) isn't just a maintenance consideration; it also places the home in a specific era of construction, often appealing to those who appreciate character and established tree-lined streets over modern suburban layouts.
Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
While no direct sales history is published for this listing, the provided assessed value of $306K sits slightly below the current average for both Hill Street and the wider Norwood East area. You can request exact sales figures for comparable nearby properties via the website's manual lookup service.
2. Is the house smaller than others in Winnipeg?
At 1,050 sqft, the living area is moderately below the Winnipeg city-wide average. However, it is very much in line with the typical home sizes found in the historic Norwood East neighbourhood, where smaller, character homes are common.
3. What does the "Top 80%" ranking for Year Built mean?
This statistic means the home, built in 1941, is older than approximately 80% of all residential properties in Winnipeg. It confirms the home is part of the city's older housing stock, which is typical for its neighbourhood.
4. Is the lot a good size?
Yes. The lot of 4,678 sqft is above the average for Hill Street itself. This provides more private outdoor space than many neighbouring properties, which is a valuable feature in an inner-city neighbourhood.
5. How can I get verified sales data for this property?
Due to industry regulations, detailed MLS sales history is not displayed online. You can use the "Request exact figures by email" feature on the property page. A representative will manually look up the full transaction history and provide it directly to you.