Property Overview: 2093 Henderson Highway, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a distinct value proposition centered on its generous, above-average lot size. At over 11,400 square feet, the property offers an elite level of outdoor space city-wide, ranking in the top 4% in Winnipeg. This is its most standout feature, offering significant potential for gardening, expansion, or simply enjoying a large private yard—a rarity, especially within the city. The living area of approximately 1,391 square feet is solid and functional, ranking above average for its specific street.
The appeal here is grounded in practicality and potential. With an assessed value notably below both neighborhood and city averages, it represents a more accessible entry point into the River East area. The trade-off is the home’s age; built in 1920, it is among the older homes in its vicinity and will likely require a mindful approach to maintenance and updates. This combination suits buyers who prioritize land over a turn-key modern interior. It’s an ideal match for a handy homeowner, an investor looking for a property with a valuable lot, or a family seeking space to grow outdoors, who is prepared to invest sweat equity or capital into the dwelling itself over time.
Frequently Asked Questions
1. Is the large lot size a common feature in this area?
No, it is quite uncommon. This property’s lot is significantly larger than the averages for its street, neighborhood, and especially the city as a whole, where it ranks in the top 4%.
2. Why is the assessed value below area averages?
The primary factor is likely the home’s age (1920), which is much older than most comparable properties in River East. Assessment values consider the property as a whole, and while the land is valuable, the dwelling itself may have depreciated more than newer homes.
3. What should I consider due to the home’s age?
Prospective buyers should budget for and investigate potential updates to major systems (like plumbing, electrical, and heating) and the building envelope (roof, foundation, insulation). A thorough inspection is essential.
4. How accurate is the sold price range shown?
The provided range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. The home is on Henderson Highway. What are the implications?
As a major arterial road, expect higher traffic volume and noise compared to a quiet side street. This often impacts insurance rates and may be a consideration for families with small children or pets. However, it typically offers excellent access to public transit and city amenities.