Property Overview: 187 Hatcher Road, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This 812 sqft bungalow, built in 1975, presents a straightforward, entry-level opportunity in Winnipeg's Mission Gardens neighborhood. Its primary appeal lies in its affordability and lower property tax burden, as indicated by its assessed value which sits below averages for the street, area, and city. The 3,800 sqft lot is modest but manageable.
The home is best suited for first-time buyers, downsizers, or investors seeking a lower-cost foothold in the market. Its smaller size and below-average price point relative to the area suggest it could be a practical, no-frills starter home or a rental property. A thoughtful perspective is that a home ranking below average on key metrics like size and value within its immediate area isn't necessarily a drawback; it can represent a more accessible price point in an established neighborhood, potentially offering better value for money than a similar-priced property in a less desirable location. The data shows it's a smaller home on a smaller lot, which translates to less maintenance and lower utility costs—an often-overlooked advantage.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it is priced below the average for Mission Gardens. This can indicate good value for a buyer comfortable with a smaller home, but it's essential to view the property in person to understand its condition and any potential reasons for the lower assessment.
2. What does the sold price history tell us?
It last sold between $250k-$300k in 2021. This historical range, combined with the current assessed value, provides a benchmark for understanding market trends on this street, but does not guarantee future value.
3. How does the lot size impact future potential?
At 3,800 sqft, the lot is smaller than many in the area. This may limit expansion possibilities like large additions or pools, but it also means less yard work and lower exterior maintenance costs.
4. Who would this property not suit?
It likely wouldn't suit buyers looking for a move-in-ready, modern home with ample space for a growing family or those wanting extensive renovation and expansion potential due to the smaller lot and living area.
5. How can I get more precise historical price data?
The exact sold prices are not publicly displayed online. You can request this information directly via the email link provided on the listing page; the service commits to providing accurate data without using your email for marketing spam.