Property Summary: 283 Hudson Street, Winnipeg
Key Characteristics & Appeal
This home at 283 Hudson Street in Maybank presents a specific and practical value proposition. Built in 1964, it is newer than many homes on its street and in the wider neighbourhood, which can suggest updated infrastructure. With 960 sqft of living space, it is a compact and manageable bungalow, sitting on a modest 4,290 sqft lot. The data reveals a compelling contrast: while the house itself is smaller than many comparables, its assessed value is strong for the area, ranking in the top 11% within Maybank. This indicates the property is viewed efficiently for its size and likely in good condition relative to its peers.
Its primary appeal lies in its efficiency and affordability within a stable neighbourhood. It suits first-time buyers, downsizers, or practical investors seeking a lower-maintenance entry into the Winnipeg market without overpaying for unused space. The smaller lot means less yard work, which can be a benefit for those seeking simplicity. A thoughtful perspective is that this property represents a "value-over-size" trade-off—you’re purchasing a well-assessed, relatively newer home on a human-scale lot, rather than paying a premium for square footage or extensive land.
Frequently Asked Questions
1. Is the smaller living area a concern?
At 960 sqft, the home is below the city-wide average. It is ideal for individuals, couples, or small families who prioritize efficient living and lower utility costs over spaciousness.
2. Why is the assessed value relatively high for a smaller home?
The assessment ranks highly for Maybank, suggesting factors like the home's condition, updates, or the desirability of its specific location on Hudson Street contribute to its value beyond pure square footage.
3. What does the "newer" year built (1964) actually mean for me?
Homes from the mid-60s often feature modern wiring and plumbing standards compared to much older stock, potentially reducing immediate renovation needs. However, a 60-year-old home will still require a thorough inspection.
4. How does the smaller lot size impact the property?
The lot is significantly smaller than others on Hudson Street. This limits expansion possibilities but also minimizes outdoor maintenance. It points to a home focused on its interior living space rather than yard use.
5. How can I find out the exact historical sale price?
The listed sale price is a public data range. The property service offers to provide the exact sold price via a manual email request, which they commit to fulfilling without using your email for marketing spam.