1028 Hector Avenue

Property Overview: 1028 Hector Avenue, Winnipeg

Key Characteristics & Appeal

This is a classic, well-maintained one-storey home in the established Grant Park neighbourhood. Built in 1956, it offers 910 sqft of living space with a renovated basement and an attached garage. The home sits on a notably generous 5,247 sqft lot, which is larger than many in the immediate area, providing valuable outdoor space and potential.

Its primary appeal lies in its solid, middle-of-the-road positioning within a desirable area. The data shows it consistently ranks around average or better for its street and neighbourhood in terms of living space, assessed value, and year built. This suggests a home that is neither over-improved nor under-improved for its context, offering stability and predictability. The renovated basement adds modern livability to the classic footprint.

This property would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature community. It’s also a practical fit for those who value a larger-than-average yard for gardening, pets, or future expansion over having a larger house itself. It represents a turnkey entry into a sought-after area without the premium often attached to fully modernized or significantly larger homes.

Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The assessed value is consistently around the average mark—for the street, the Grant Park area, and citywide. This indicates it is priced in line with market norms for its type and location, not an outlier in either direction.

2. Is the lot size a significant advantage?
Yes. The land area is in the top third for Hector Avenue and top quarter within Grant Park, meaning it’s notably larger than many neighbouring properties. This offers more private outdoor space and is a key asset that isn't immediately obvious from the home's square footage alone.

3. What does the sales history indicate?
The home sold previously in 2017 and 2019. The 2019 sale price range shows a significant increase over 2017, reflecting strong market appreciation at that time. Its current assessed value is consistent with the upper end of that 2019 sale range, suggesting stable valuation since then.

4. Who would this home not be ideal for?
Buyers seeking a modern, open-concept layout or substantial above-grade square footage may find the classic one-storey design and 910 sqft living area limiting. It’s better suited for those who appreciate traditional home layouts and prioritize lot size over interior size.

5. Are the rankings for “Year Built” a concern?
The home’s age ranks around the middle of the pack locally, meaning many homes in the area are of a similar vintage. This is typical for established neighbourhoods. The key consideration is the condition and updates, like the renovated basement, which mitigate the age of the structure.