Property Overview
This home at 158 Hatcher Road presents a compelling opportunity in Winnipeg's Mission Gardens neighborhood. Its standout feature is its generous 8,153 sqft lot, which ranks in the top 9% of the neighborhood and top 11% citywide, offering significant outdoor space that is increasingly rare. The living area (1,398 sqft) is comfortably above average for its specific street and local area. Notably, the property's assessed value ranks in an elite position on its own street (top 3%), suggesting it is perceived as a premium home within that immediate context. Built in 1976, it aligns with the typical age of homes in the area.
The appeal lies in securing a property that outperforms its immediate surroundings on key metrics, particularly lot size and value. It suits a buyer looking for a established neighborhood character who prioritizes private outdoor space over a brand-new build. It would also resonate with a value-conscious buyer who understands that a higher assessment on a desirable street can signal a solid long-term investment, even if the interior requires updating.
Frequently Asked Questions
1. Why is the assessed value so much higher than the street average?
The property's assessed value ranks in the top 3% on Hatcher Road. This typically reflects a combination of its larger lot size, above-average living space, and overall condition or improvements compared to its direct neighbors.
2. How does the lot size compare to a typical city lot?
The lot is substantially larger than average. At 8,153 sqft, it exceeds the Winnipeg average by over 1,500 sqft and the neighborhood average by nearly 2,800 sqft, offering exceptional space for gardens, play, or expansion.
3. The home was built in 1976. Is that a concern?
The build year is typical for the street and neighborhood. While this means systems like roofing, windows, or plumbing may be due for updates or inspection, it also places the home in a mature area with established landscaping and community character.
4. What does the ranking data actually tell me?
The rankings show how this property compares to similar homes at three levels: its street, neighborhood, and entire city. It tells you that this home is a top-tier property on its block, a strong performer in Mission Gardens, and holds its own citywide, especially for lot size.
5. Is the living space suitable for a growing family?
At 1,398 sqft, the living area is above the local and street averages. This indicates a size that has comfortably accommodated families in the area, though specific room sizes and layout should be verified with a viewing.