Here is a clean, concise summary of 64 Hindley Avenue, written for direct display on a webpage.
Key Characteristics & Buyer Profile
This is a property where the land is the standout feature. The 11,169 sqft lot ranks in the top 4% citywide, making it significantly larger than average for Winnipeg, the neighborhood, and even the street. This is the property’s core strength.
The home itself is modest. Built in 1947, the 965 sqft living area is on the smaller side and ranks below the city average. However, the assessed value of $344k sits comfortably in the upper third of both the street and the neighborhood, suggesting the land is already recognized in the valuation.
Where the appeal lies: The opportunity is not in the current structure, but in the land. This lot offers rare space in a relatively established area (Worthington, near Hindley Avenue). It could suit a buyer looking for a large, private yard in a city location, or someone with the means and patience to renovate, rebuild, or develop in the future.
Best suited for: An investor or homeowner who prioritizes land over the house itself. This is not a turnkey starter home, but a property for someone who sees the long-term potential of a large parcel, or who simply wants more outdoor space than nearly any other comparable property in the city.
Five Possible FAQs
1. Is the house itself in good condition?
The data provided does not include a condition report or inspection details. The 1947 build year is older, and the living area is considered below average for the city. A thorough inspection would be essential to assess the state of the foundation, systems, and structure.
2. Why is the assessed value above neighborhood average if the house is smaller?
Assessed value is influenced heavily by land value in older neighborhoods. The large, rare lot size (top 7% in the neighborhood) is the primary driver of this higher valuation, not the physical house.
3. Are there any restrictions on what I can do with the lot?
This information is not included in the data. A buyer would need to check with the local zoning office to understand setbacks, building envelopes, and whether the land is suitable for a secondary suite, subdivision, or a complete rebuild.
4. How does the neighborhood rank overall?
The property sits in a neighborhood that ranks around the middle for house size (top 62%) and slightly above average for build year. The prime advantage is the superior lot size, which is in the top 7% of the neighborhood.
5. Is this a good investment compared to other properties in Winnipeg?
It depends on your goal. As a standard dwelling, the house is below average for its price point. As a land play, the lot size is exceptional. The investment thesis rests on whether you can realize the value of the land, either by enjoying it as a large yard or by adding living space that matches the potential of the site.