Property Overview: 42 Heroic Place, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of modern convenience and established neighbourhood value. Built in 2008, it is a relatively newer property in a city-wide context, likely requiring less immediate upkeep than older averages. With 1,708 sqft of living space, it offers above-average roominess for both the Mission Gardens area and Winnipeg overall, providing ample space for comfortable living.
The primary appeal lies in its strong value positioning within its immediate neighbourhood. While the lot size is modest for its specific street, the home’s assessed value places it in the elite top 5% for Mission Gardens. This suggests a property that is well-regarded and potentially undervalued relative to its local peers, offering a solid investment within a desirable community. It would suit buyers looking for a move-in ready, modern home without the premium of a brand-new build, and who prioritize interior space and perceived value within a community over having the largest lot on the block. Its consistent sold price history in the $350k-$400k range indicates stable market performance.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than most on Heroic Place, it is around the average for the broader Mission Gardens area. This often translates to less yard maintenance while still providing private outdoor space.
2. What does the "Elite" assessed value ranking mean for taxes?
An assessment in the top 5% for the neighbourhood reflects a high municipal valuation relative to nearby homes. While this can indicate strong comparable sales, it is a primary factor in calculating property taxes, so prospective buyers should budget accordingly.
3. Is the 2008 build year an advantage?
Yes, particularly city-wide where the average home is decades older. A 2008 build typically means more modern construction standards, wiring, plumbing, and energy efficiency, potentially reducing near-term renovation costs.
4. How stable has the home's value been?
Based on available data, the home sold within the same $350k-$400k range in both 2016 and 2019, suggesting its market value has held steady over that period, even through varying market conditions.
5. Where can I see more detailed neighbourhood comparisons?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with detailed comparisons for year built, living area, assessed value, and lot size.