Property Overview: 17 Hamilton Avenue, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1977 four-level split home in Heritage Park offers 1,296 sqft of living space, which is notably above average for its immediate street. Its key updated feature is a renovated basement, adding functional living area. The home sits on a 3,149 sqft lot, which is more compact than most in the wider neighbourhood and city.
The primary appeal lies in its value positioning. The home’s assessed value is significantly below averages for the street, neighbourhood, and city, suggesting a potentially accessible entry point into the market. It presents a practical opportunity for buyers who prioritize interior space and updates over a large yard. The property would suit first-time buyers or downsizers looking for a manageable home with recent renovations in a well-established area. A thoughtful perspective is that the below-average lot size translates to less exterior maintenance, which can be a hidden benefit for those seeking a simpler lifestyle.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While the exact reasons aren't listed, significantly lower assessments can sometimes relate to the home's specific condition, features, or the compact lot size compared to area norms. It's a key point to discuss with a real estate professional.
2. What does "four-level split" mean for daily living?
This style typically features short flights of stairs between levels, creating distinct zones for living, sleeping, and recreation. It offers good separation of space but involves more stairs than a bungalow or two-story home.
3. Is the renovated basement a legal suite?
The details provided do not specify if the basement renovation created a legal secondary suite. This is a crucial question for verifying permitted uses and rental potential.
4. How does the smaller lot size affect me?
It means less yard work and lower outdoor maintenance costs. The trade-off is less private outdoor space for gardening or recreation compared to many homes in Heritage Park.
5. Where can I get the exact historical sale price?
As noted, the precise sale price is available upon request from the listing service. You can provide your email to receive the accurate figure directly, as public records often show only approximate ranges.