Property Overview: 224 Hindley Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Lavalee offers a practical and grounded opportunity. Its key features include a renovated basement, a detached garage, and a notably generous lot of over 10,700 square feet—a standout attribute that places it in the top 5% of property sizes citywide. With 1,119 sqft of living space, the home is competitively sized for its immediate area and neighbourhood.
The appeal here is multifaceted. The renovated basement adds immediate functional living space, while the large lot provides significant outdoor privacy and potential for gardening, expansion, or simply ample room to enjoy. From an investment perspective, the home's assessed value ranks above average for both its street and Lavalee, suggesting solid underlying value for the area.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout with room to grow outdoors, rather than upwards. It’s also a sensible fit for a value-conscious buyer who prioritizes land size and the flexibility it offers over a larger or more modern house. The data indicates you’re getting a lot more land here than is typical in Winnipeg, which is a less obvious but substantial advantage.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,119 sqft, the living area is slightly above the average for both Hindley Avenue and the broader Lavalee neighbourhood, offering a comfortably sized layout for a one-storey home.
2. What does the assessed value ranking mean?
With an assessed value that places it in the top 22% on its street and top 17% in Lavalee, this property is valued higher than many comparable homes nearby, which can indicate a stronger perceived value by the assessment authority.
3. Is the lot size a significant feature?
Yes. The 10,743 sqft lot is the home’s most distinguishing characteristic. It ranks in the top 5% citywide, meaning it offers substantially more outdoor space than the vast majority of residential properties in Winnipeg.
4. When was the home built, and should I be concerned?
The home was built in 1954. This is around the average age for the area, so while a thorough inspection is always advised, the age is typical for the neighbourhood’s character.
5. What is the recent sales history?
The home sold previously in September 2022. For the exact sale price, you can request the information via email from the listing source, as public records often show a range.