Property Overview
805 Hector Avenue is a modern, two-storey home built in 2022, offering a turnkey living experience in Winnipeg's Ebby-Wentworth neighbourhood. Its primary appeal lies in its combination of new construction and above-average space. With 1,628 sqft of living area, it ranks in the top tier for size both on its street and in the local area, providing more room than most comparable homes nearby. The property features a renovated basement, adding to its functional space. It sits on a 3,750 sqft lot, which is relatively compact for the city but typical for the immediate area.
This home is ideally suited for buyers seeking a low-maintenance, modern property without the wait or uncertainties of a new build. It would particularly appeal to professionals or small families who prioritize interior space and contemporary finishes over a large yard. The home’s elite assessed value ranking suggests it is perceived as a high-quality asset in its micro-market, making it a strong candidate for buyers focused on value retention in a specific locale.
Key Questions for Consideration
1. What are the annual property taxes?
While the assessed value is listed at $63.90k, property taxes are calculated using a mill rate applied to this value. Prospective buyers should inquire with the city for the exact annual tax amount to budget accurately.
2. Why is the lot size below average for the city?
The lot is 3,750 sqft, which is smaller than the Winnipeg average. This is common in established, inner-city neighbourhoods like Ebby-Wentworth where properties are often subdivided, creating a more compact community feel. The trade-off is a newer, larger home on a manageable lot.
3. What does the "renovated basement" include?
The listing notes a renovated basement, but specifics on finish quality, ceiling height, legal egress, and whether it includes a separate entrance or suite potential are important details to clarify.
4. How does the 2022 sale price relate to the current asking price?
The home sold for $57.10k in September 2022. Understanding the current list price and the reasons for the sale after only a few years will provide context on market movement and the seller's motivation.
5. What is the parking situation without a garage?
With no garage, it's essential to understand the available parking. This could include a private driveway, designated street parking, or a rear laneway access for parking pads, which is common in Winnipeg.