Property Overview: 840 Henderson Highway, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1950, situated on a standard-sized lot of just over 5,400 sqft. Its primary standout feature is its living space: at 1,536 sqft, it is notably larger than many comparable homes in its immediate area, ranking in the top 18% on its street. This suggests a layout that may offer more room than the exterior implies, a potential advantage for those needing space without a multi-level floorplan.
The appeal here is fundamentally practical and value-oriented. The home’s assessed value is significantly below average for the city and its neighbourhood, indicating a very accessible price point. This creates a clear opportunity for budget-conscious buyers, including first-time homeowners or investors, who are willing to consider a property that may require updates. Its location on Henderson Highway offers high visibility and easy access to major routes, which could suit someone who prioritizes convenience over a quiet residential street. The home’s age and value metrics suggest it is not a move-in-ready luxury property, but a straightforward canvas for creating value through renovation.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's market value for taxation purposes. A value this far below averages typically reflects the home’s age, condition, and specific location factors. It generally indicates a more affordable entry point into the market.
2. What does "above average" living area mean in this context?
While the home is 1,536 sqft, the data shows that similar homes on Henderson Highway average about 1,286 sqft. This means you are getting significantly more interior space than is typical for this specific corridor, which is a key advantage of this property.
3. Is being on Henderson Highway a major drawback?
It depends on your priorities. It offers excellent transportation access and visibility, but it will come with more traffic noise and less pedestrian serenity than a side street. It’s a trade-off between convenience and ambiance.
4. The home has no basement or garage. How big of a limitation is this?
This significantly impacts storage and utility space. All living and mechanical systems are confined to the main floor, and vehicles will need to be parked outdoors. Buyers should realistically assess their storage needs and consider the cost of adding an external shed or parking solution.
5. Where can I find the exact historical sale price?
The listed sale price ranges are estimates from public data. The exact sale price is available by request from the website. You can provide your email to receive the precise figure, as noted in the property details.