Property Overview: 445 Hudson Street, Winnipeg
Key Characteristics & Appeal
This 1,028 sqft bungalow, built in 1959, presents a classic Winnipeg home with a standout feature: its generous 7,723 sqft lot. This land size is notably above average, ranking in the top 15% on its own street and the top 6% within the Maybank neighbourhood. While the living space is modest and typical for the area, the property’s true potential lies in its expansive outdoor space, offering room for gardens, recreation, or future expansion.
The home’s assessed value is positioned below average for the immediate street but aligns with broader area norms, suggesting it may represent a value-oriented entry point into the neighbourhood. Its appeal is grounded in practicality, suiting first-time buyers, downsizers, or investors looking for a manageable home with a low-maintenance footprint on a lot that provides flexibility and privacy uncommon for the area. It’s a property for those who prioritize land over a large interior, seeing the yard as an extension of living space or a long-term asset.
Frequently Asked Questions
1. What is the exact recent sold price?
The public data shows a sale in 2024 within the range of CA$300,000–350,000. For the precise sale price, you can request it directly via email from the listing service; they provide this detail manually at no cost.
2. How does the lot size compare to nearby properties?
The lot is a key advantage. At over 7,700 sqft, it is significantly larger than many homes on Hudson Street and in the wider Maybank area, placing it in the top tier locally for land area.
3. Is the living space smaller than average?
Yes, the 1,028 sqft living area is slightly below the citywide average for comparable homes. However, it is very close to the average for the Maybank neighbourhood itself, indicating this is a typical home size for this specific community.
4. What does the assessed value indicate?
The assessed value of $35,400 is below the average for Hudson Street but around the average for Maybank and Winnipeg overall. This can sometimes indicate a more affordable tax base relative to immediate neighbours, but market value is determined by recent sales and buyer demand.
5. Are homes from 1959 a concern?
The 1959 build date is typical for the street and city. While it means the home may require updates, it also places it as one of the newer homes in the Maybank neighbourhood, ranking above the area average for year built. A thorough inspection is always recommended to understand the condition of major systems.