Property Overview: 22 Stillwell Street, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Heritage Park presents a solid, grounded opportunity. With 1,220 sqft of living space, it sits around the neighbourhood average, offering comfortable functionality without being oversized. Its key strength lies in its above-average assessed value for the immediate street and area, suggesting it is a financially sound asset within its micro-market. The lot size is notably generous for the street, providing valuable outdoor space.
The home’s appeal is rooted in its practicality and position within a stable community. The renovated basement adds modern livable space, and the attached garage is a valuable convenience. A thoughtful perspective is that this property represents a "steady performer" rather than a flashy investment. It suits buyers looking for a move-in-ready, low-maintenance home—such as downsizers, first-time buyers, or small families—who value a larger private yard and the financial reassurance of a property that stands well against its direct comparables.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in 2021 in the $40.5k-$43.5k range. Its current assessed value of $38.6k is slightly below that sale price but ranks very well (top 8%) on its own street, indicating strong standing in the immediate area.
2. Is the living space smaller than average?
At 1,220 sqft, it is slightly below the city-wide average but is very much in line with the typical home on Stillwell Street and within the Heritage Park neighbourhood, making it a standard offering for the area.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the full scope of livable space and quality.
4. Given its age (built 1965), what should I be aware of?
While the home is older, its assessed value performs strongly locally. It would be prudent to investigate the age and condition of major systems (roof, HVAC, plumbing) and whether the renovation updated any of these, beyond just cosmetic finishes.
5. How does the lot size benefit a buyer?
At nearly 6,000 sqft, the lot is larger than most on the street. This offers more privacy, gardening space, and room for outdoor activities or potential expansions like a deck or shed, which is a distinct advantage in this location.