560 Henderson Highway

Property Overview: 560 Henderson Highway, Winnipeg

Key Characteristics & Buyer Appeal

This is a classic, one-storey home built in 1950, situated on an exceptionally large lot of nearly half an acre (19,200 sqft). The house itself, at 1,180 sqft, offers a comfortable living space that is average for its immediate area. Its standout feature is undoubtedly the land, which ranks in the top 3% of lots in the broader Kildonan Drive area, offering rare space and potential in the city.

The appeal lies in a balance of a solid, established home and a blank-canvas outdoor opportunity. While the basement is noted as unrenovated, the property’s assessed value is strong for the street, suggesting the house is well-maintained. It suits buyers who value space over square footage—those looking for extensive gardens, room for additions, or recreational space. It’s a practical choice for someone comfortable with a home of a certain age, possibly seeing the unrenovated basement as a project, and who prioritizes land size and future potential over a move-in-perfect, modern interior.

Frequently Asked Questions

1. Is the large lot a benefit or a burden?
While offering unparalleled privacy and space for gardens, play, or future development, a lot of this size also means higher maintenance (like lawn care and snow clearing) and potentially higher property taxes relative to the home's size.

2. What does "above average" assessed value mean for this home?
The assessed value is high for the street and area, which typically indicates the property is in good condition or has desirable features. It can be a sign of a well-kept home, but it's also a key factor in determining your annual property tax bill.

3. How does the unrenovated basement affect the home's value?
It presents both a cost and an opportunity. It may keep the purchase price more accessible, but it also means budgeting for potential updates. A thorough inspection is crucial to understand the condition of foundational elements, plumbing, and electrical systems.

4. What is it like living directly on Henderson Highway?
Henderson Highway is a major arterial road. Expect consistent traffic noise and higher pedestrian and vehicle activity compared to a quiet residential street. This offers excellent connectivity but less tranquility.

5. Can the detached garage accommodate a modern vehicle?
Many garages from this era are smaller. It’s important to verify the interior dimensions to see if it can fit today’s larger vehicles or if it would primarily serve as a workshop or storage space.