Property Overview: 151 Hawthorne Avenue, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-storey home on a large, 10,722 sqft lot in the Kildonan Drive area presents a compelling mix of space, value, and potential. Built in 1959, its key characteristic is the significant land size, which ranks in the top 5% citywide and offers ample room for gardening, expansion, or outdoor living. The living area (1,384 sqft) is comfortably above average for the immediate street and neighborhood. A recently renovated basement and an attached garage add functional appeal.
The property’s primary draw is its strong value proposition. The assessed value of $47.50k is elite for the street (top 4%) and above average for the wider area, suggesting a solid foundation of municipal valuation relative to peers. This, combined with the substantial lot, indicates a property where a significant portion of the value is in the land itself. It would suit a practical buyer looking for a home with room to grow, whether a young family wanting backyard space, a long-term owner interested in future improvements, or an investor recognizing the underlying value of the lot. Its one-storey layout also appeals to those seeking single-level living or easier maintenance.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value is notably high compared to neighboring homes on Hawthorne Avenue (top 4%). This often reflects the property's desirable attributes as determined by the city assessor, primarily the very large lot size and the renovated basement, suggesting it is considered a premium property on its street.
2. Is the lot size a major advantage?
Yes. At over 10,700 sqft, the lot is a standout feature, placing it in the elite 5% for land area across Winnipeg. This provides rare space for privacy, recreation, or future projects like a large deck, workshop, or addition that many city lots cannot accommodate.
3. How does the home's age affect things?
Built in 1959, the home is newer than many on its street and in Kildonan Drive. While this can mean updated core systems compared to older stock, buyers should still prioritize a thorough inspection common for homes of this era to understand the condition of the roof, wiring, and plumbing.
4. The last sale was in 2022; what does that recent history imply?
A sale just a few years ago typically indicates a property that has changed hands in the modern market, providing a clear, recent price benchmark. It may also suggest updates were made by the previous owner before resale, but the specifics of any work done should be verified.
5. Who would this property not suit?
It may not be the best fit for buyers seeking a brand-new, low-maintenance home without any project potential, as a house of this age may require ongoing updates. Additionally, those with no need for extensive outdoor space might not fully utilize the premium offered by the large lot.