Property Overview
This home at 166 Hatcher Road in Mission Gardens presents a practical opportunity centered on its generous lot. Built in 1976, the 980 sqft house offers functional living space, but the standout feature is the 8,035 sqft property, which is notably larger than most lots in the wider area. Its appeal lies in this land potential, offering room for expansion, gardening, or outdoor enjoyment that is harder to find in newer subdivisions. The assessed value is modest relative to the city average, suggesting a lower property tax burden.
This property would suit a value-conscious buyer looking for a solid foundation—perhaps a first-time homeowner comfortable with a home that may need updates, or a long-term planner who sees more value in the land than in a modern interior. It’s a home for someone who prioritizes outdoor space and future potential over immediate move-in perfection.
Frequently Asked Questions
What does the ranking data actually tell me about this property?
It provides context. For example, while the house size is below the Winnipeg average, the lot size is in the top 11% city-wide. This highlights a key trade-off: you're getting more land but a more modest-sized home for the area.
Why is the assessed value so much lower than the recent sold price range?
Municipal assessed value for taxation purposes often lags behind current market values. The sold price range from 2023 reflects what a buyer actually paid in the open market, which is typically a more accurate indicator of the home's worth.
Is the 1976 build date a concern?
The year built is actually newer than many homes on its street, which is a positive. However, any home of this age will have components, like the roof, windows, or major systems, that are likely at or beyond their typical lifespan and should be carefully inspected.
What can I do with such a large lot?
Beyond gardening and recreation, the sizable lot could provide future options like adding a garage, workshop, or expanding the home itself, subject to local zoning bylaws. It offers a degree of flexibility that smaller lots do not.
How do I find out the exact past sold prices?
The listing service provides sold price ranges based on public data. To get the precise historical sale figures, you need to request them directly via the email link provided, as this detailed information is not publicly displayed.