Property Overview: 631 Henderson Highway, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, character home built in 1928, situated on a standard-sized lot in the Munroe West neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. With a living area of 750 sq ft and an assessed value of $249k, it is notably below average in both size and price for its street, area, and the wider city. This creates a clear value proposition for budget-conscious buyers.
The home would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist footprint. Its below-average price for the area means lower property taxes, which is a practical, long-term benefit. A thoughtful perspective is that while the home is smaller and older than most, it sits on a decent lot (4,788 sq ft) that is actually average for the immediate area. This presents a potential canvas for future expansion or landscaping, offering a balance between a modest house and a usable outdoor space that many newer, denser developments lack.
Section 2: Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, the assessed value is consistently below the average for comparable homes on Henderson Highway, in Munroe West, and across Winnipeg. This suggests the property is priced accessibly relative to its market.
2. What should I know about a house built in 1928?
While offering classic character, a home of this age will likely require careful attention to aging components like wiring, plumbing, and the foundation. A thorough inspection is essential to understand any needed updates or maintenance.
3. How does the lot size compare?
At 4,788 sq ft, the lot is smaller than average for Henderson Highway but is very typical for the Munroe West neighbourhood. It provides a standard urban yard space.
4. What is the sales history?
Records show it last sold in March 2016 for between $200,000 and $250,000. For verified, exact historical sale prices, you can request a manual lookup from the site.
5. The data says it's "below average" in many categories. Is that a bad sign?
Not necessarily. It primarily indicates this is a more compact and affordable option in its surroundings. For buyers seeking a lower entry price and willing to live in a smaller space or potentially renovate, these metrics highlight the opportunity rather than just the limitation.