Property Overview
This 974 sqft, one-storey home at 1330 Henderson Highway sits on a notably generous 7,497 sqft lot. Built in 1951, it features a renovated basement and offers both attached and detached garage options. Its recent sale history and assessed value suggest it is a competitively priced property within its Winnipeg neighbourhood of Kildonan Drive.
Key Characteristics & Appeal
The primary appeal of this property lies in its land. The lot size is well above average for both the city and the immediate area, offering significant outdoor space and potential that is increasingly rare. The home itself is modest in size, ranking below the neighbourhood average for living area, which points to a value proposition centered more on the land than the structure. The renovated basement adds functional living space.
It would suit a practical buyer looking for a foothold in a established neighbourhood, with priorities leaning toward yard space, parking (with multiple garage options), and future potential over immediate square footage. It’s a property that offers room to grow outdoors or to envision future expansions, appealing to those comfortable with a home that may require updates to the main living area over time. The recent sale activity indicates it’s seen as a viable opportunity in its price range.
Frequently Asked Questions
1. Is the house in good condition?
The listing confirms the basement has been renovated, which is a positive sign. As a home built in 1951, prospective buyers should budget for a thorough inspection to assess the condition of major systems (roof, wiring, plumbing) and the main floor, which may require modernization.
2. How does the lot size compare to nearby properties?
The land area of 7,497 sqft is a standout feature. It ranks in the top 23% within the Kildonan Drive area and the top 13% citywide, meaning it is significantly larger than most residential lots in Winnipeg.
3. What is the neighbourhood like?
Located on Henderson Highway, this is a main arterial road. Buyers should expect typical traffic noise and activity. The proximity to nearby side streets like Slater Avenue suggests a mix of residential and commercial influences.
4. Why is the assessed value different from the recent sold price?
The assessed value is $32.5k for tax purposes, while the sold price in late 2024 was between $33.5k and $36.5k. The sale price falling close to the assessment indicates the property likely sold near its perceived market value at that time, without a major premium or discount.
5. Who would this property not suit?
It may not be ideal for buyers seeking a large, move-in-ready modern home with ample interior space. The living area is below average for the neighbourhood, and the location on a busy highway may not suit those seeking a very quiet, secluded setting.