Property Overview: 45 Hillhouse Road, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1969, offers a well-proportioned living space of over 2,000 square feet on a generous 7,147 sqft lot. Its key appeal lies in its above-average scale and land size for the Garden City neighborhood, providing more room than most local and city-wide comparables. The home features a renovated basement, adding to its functional space.
The property’s value proposition is nuanced. While its assessed value is in the top tier for Garden City, it is positioned below average for its specific street, suggesting it may represent a relative value opportunity on a desirable block. The lot size is a particular standout, ranking in the top 21% on Hillhouse Road. This combination suits buyers looking for a established home in a mature neighborhood who prioritize interior space and outdoor potential over a modern build date or high-end finishes. It would fit well for growing families seeking room to expand, or value-oriented buyers who see potential in the solid footprint and lot size.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The home has a larger-than-average lot for Hillhouse Road but a slightly lower assessed value than street neighbors. This indicates you’re getting more land, but the home itself may be more modest or in need of updates compared to others on the block.
2. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. What does the sold price history indicate?
The home sold in early 2023 for an estimated $43.5k-$46.5k, closely aligned with its current assessed value of $42.6k. This suggests a stable, realistic valuation in the current market.
4. What are the implications of no garage?
The property has no garage, which is common for homes of this era. Buyers should factor in the cost of adding a structure or using on-site parking, though the large lot provides flexibility for solutions.
5. Why is the year built considered "Elite" for Garden City?
Built in 1969, it is newer than 95% of homes in Garden City. This is a less obvious advantage, meaning major components like the roof, wiring, or plumbing may be relatively younger than in many neighborhood homes, potentially reducing near-term replacement costs.