658 Henderson Highway

Property Overview

This is a compact, one-storey home built in 1946, situated on Henderson Highway in the Kildonan Drive area. With 756 sqft of living space and a renovated basement, it presents a straightforward, low-maintenance footprint. The lot is modest at just over 4,100 sqft, but it includes a detached garage. Data indicates its assessed value is notably lower than many area averages, which is reflected in its historical sale price. Its appeal lies in its simplicity and affordability. It’s a home that prioritizes function and location over size, suited for a first-time buyer, an investor, or someone looking to downsize without leaving the area. A thoughtful perspective is that its smaller scale and lower tax assessment could represent a manageable entry point into a well-established neighbourhood, offering the chance to build equity over time without a overwhelming financial commitment.

Frequently Asked Questions

1. How does the home's size compare to others in the area?
The living area is significantly smaller than most comparable homes on its street, in the Kildonan Drive area, and citywide, placing it in the bottom 15-20% for size locally.

2. What does the assessed value indicate?
The assessed value is around average for Henderson Highway itself but is below the average for the broader Kildonan Drive area and the city. This often correlates with a more accessible price point relative to the neighbourhood.

3. Is the lot size a limitation?
The land area is smaller than most in the immediate vicinity, which limits expansive outdoor space but can mean less yard maintenance. The lot is still sizable enough for a garden or patio area.

4. What can be inferred from the last known sale price?
The home sold in the $22.5k-$25.5k range in 2016. While not a current market price, this historical data underscores the property's position as a lower-value asset in the market, which typically translates to a lower purchase price and property taxes.

5. Who might this property not suit?
It would likely not suit a growing family needing multiple bedrooms and ample living space, or a buyer seeking a large yard or a modern, turn-key home without projects. Its compact size and vintage (1946) require a realistic expectation of space and potential updates.