Property Overview: 340 Henderson Highway, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1945, featuring an 880 sqft living area and a renovated basement. It sits on a modest 3,789 sqft lot and includes a detached garage. The home’s assessed value is notably lower than the citywide average, positioning it as an accessible entry point into the market.
Its primary appeal lies in its location within the established Glenelm neighborhood, where the home’s vintage and lot size are actually above average for the area. The renovated basement adds functional living space. This property would best suit first-time buyers, downsizers, or practical investors seeking a lower-maintenance footprint without leaving a mature community. It’s a straightforward home for those prioritizing location and essentials over size, offering a chance to live in a character neighborhood at a relatively accessible price point. A thoughtful perspective is that while the home is smaller than many on its street, it represents a more efficient use of space and land for daily living, potentially leading to lower utility and upkeep costs.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 880 sqft, the living area is below average for the street, neighborhood, and city. This indicates a compact, efficient layout.
2. What does the assessed value tell us?
The assessed value of $25,700k is below average for the city and street, but around average for Glenelm itself. This suggests the property is priced in line with its immediate neighborhood context.
3. How does the lot size compare?
The lot is smaller than most on Henderson Highway but is actually above average in size for the Glenelm neighborhood, making it a fairly standard parcel for the area.
4. What is the significance of the sold price history?
The listed sale ranges from 2019 and 2020 show previous transactions. For the exact sold prices, you must request the information via email from the source, as they are not publicly disclosed in detail here.
5. Who might this property not suit?
It may not suit buyers looking for ample indoor space, a large yard, or a home that requires no updates. Given its age and size, it appeals to those with modest spatial needs and a practical mindset.