387 Houde Drive

Property Overview: 387 Houde Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This 928 sqft bungalow, built in 1971, presents a practical and affordable entry point into Winnipeg’s Parc La Salle neighbourhood. Its key appeal lies in its relative value and established location. With an assessed value of $236,000, it sits notably below both the area and city-wide averages, offering a lower property tax base and an accessible price point. The home is efficient rather than expansive, with a living area that is comfortably average for its immediate street but smaller than the typical Winnipeg house.

The lot size of 2,781 sqft is manageable, suggesting lower maintenance, which is a plus for downsizers or first-time buyers. A thoughtful perspective is that while the home is below city averages in size and value, it ranks well within its own micro-market on Houde Drive, indicating it is a typical and competitive offering for this specific, well-established street. This property would best suit budget-conscious buyers, such as first-time homeowners seeking a solid starter home, or investors looking for a rental property with a stable assessment. It’s also a candidate for those looking to downsize into a single-level living space without leaving a mature community.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
Its assessed value of $236k is below the average for both Parc La Salle and Winnipeg overall, but ranks around the middle (55th percentile) for homes directly on Houde Drive. This suggests it is priced in line with its immediate surroundings.

2. Is the living space smaller than average?
Yes. At 928 sqft, the living area is smaller than the average home in Winnipeg. However, it is very close to the average size for other homes on Houde Drive itself, indicating the street consists of similarly scaled properties.

3. What does the sold history indicate?
The home sold in 2022 and 2016, each time in a different price band. The data shows that in both sales, the price was above the city-wide average for that period, suggesting it has historically held its value well relative to the broader market.

4. Is the lot size a concern?
The lot is smaller than the city average, which is common for mature neighbourhoods. This translates to less yard maintenance. For the Parc La Salle area specifically, the lot size is around the 60th percentile, meaning it is fairly typical and not unusually small for the community.

5. How can I get the exact past sale prices?
The displayed prices are broad ranges. To receive the exact historical sale figures, you must request a manual lookup via email through the site. This is due to industry regulations that prevent the direct display of certain transaction records.