643 Henderson Highway

Property Overview: 643 Henderson Highway, Winnipeg

Key Characteristics & Appeal

This home, built in 1926, presents a distinct value proposition in Winnipeg's Munroe West neighbourhood. Its primary appeal lies in its balance of space and price. With 1,173 sqft of living area, the home is notably larger than many in the immediate area and offers a practical footprint. The assessed value of $211k is significantly below averages for the street, neighbourhood, and city, suggesting a potentially lower entry point for a character home.

Its appeal is for the pragmatic buyer who sees potential. It suits a first-time homeowner comfortable with the upkeep of a century-old property, or an investor looking for a solid rental in a established area. The lot size of 4,780 sqft is standard for the neighbourhood, offering adequate outdoor space without excessive maintenance. A thoughtful perspective is that while its age and value place it in the lower percentiles statistically, this also indicates a home that has likely escaped extensive modernization, preserving original character and providing a clear canvas for renovation. Its recent sale in 2024 also provides a relevant, contemporary market benchmark for valuation.

Frequently Asked Questions

1. Why is the assessed value so much lower than the averages shown?
The assessed value is consistently below area averages, which can be influenced by the home's age, specific condition, and the municipality's valuation model for older, unrenovated properties compared to more updated ones.

2. What does the "Sold 8/2024 CA$250k–300k" price indicate?
This shows the home was purchased very recently. The sale price range, above the current assessed value, provides a direct and timely market benchmark, indicating what a buyer was willing to pay under recent market conditions.

3. As a 100-year-old home, what should I be most concerned about?
Prospective buyers should prioritize inspections for foundational integrity, the state of original plumbing and electrical systems, and the roof. Energy efficiency and window condition are also key considerations for older homes.

4. How does the living area compare practically?
At 1,173 sqft, it offers more space than 85% of homes in the Munroe West area (where the average is 958 sqft). This means it likely provides better room separation and storage potential than many nearby, newer properties.

5. How can I get the exact historical sold price data?
The site notes that exact sold prices are not displayed publicly due to data sourcing rules. You can request the exact figures by email through the provided button, and they will be manually verified and sent to you.