Property Summary: 258 Hatcher Road, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 258 Hatcher Road is a practical, entry-level property built in 1975. Its key characteristic is its modest scale: with 890 sqft of living space and a 2,997 sqft lot, it is notably more compact than most homes on its street, in the Mission Gardens area, and across Winnipeg. This translates to a below-average municipal assessed value, positioning it as one of the more accessible options in its immediate neighbourhood.
The appeal lies in its affordability and efficiency. For a buyer comfortable with a smaller footprint, it offers a lower-cost entry into a stable, established community. The lot, while smaller than average, requires less maintenance, which can be a significant long-term savings in time and expense. It would suit first-time buyers, downsizers, or investors seeking a straightforward rental property. A thoughtful perspective is that its "below average" size and value for the area could represent a lower property tax burden and less competition from buyers seeking larger, more expensive homes, providing a clearer path to ownership.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The municipal assessed value of $29,100 is for tax purposes and is typically much lower than the expected market sale price, as indicated by the home's last recorded sale between $200k-$250k in 2020.
2. How does the smaller lot size impact me?
The lot is smaller than most in the area, which generally means less outdoor maintenance. However, it may limit options for expansions, additions, or extensive landscaping compared to neighbours with larger plots.
3. The home is described as "below average" in size for the area. What does that mean for livability?
It indicates efficient use of space. While comfortable for individuals, couples, or small families, it may feel cramped for those needing multiple dedicated rooms or extensive storage. The floor plan's layout will be a key factor.
4. The home is over 50 years old. What should I consider?
While the building age is typical for the street, a professional home inspection is essential. This will identify the condition of major aging components like the roof, windows, plumbing, and electrical systems, which may need updating or repair.
5. How can I find out the exact price it last sold for?
The provided sale history shows a range. To obtain the precise sale price, you must request it directly from the listing service via the provided email link, as this data is not publicly displayed in detail.