Property Overview: 131 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This home at 131 Hillbrook Drive presents a compelling mix of modern convenience and relative value within its North Inkster Industrial neighbourhood. Built in 2017, it is a notably newer construction compared to the typical Winnipeg home, offering buyers the benefits of contemporary building standards and likely lower immediate maintenance.
With 1,709 sqft of living space, the home is comfortably above the city-wide average, providing ample room for a family. Its assessed value of $530,000 sits interestingly below the average for its immediate street but above the averages for both the broader area and the entire city. This suggests it may offer more square footage and newer construction for the dollar than many city-wide options, while potentially being priced accessibly within its own micro-market. The lot size of 4,540 sqft is efficient and above average for the immediate area.
The appeal lies in this balance: a modern, spacious home in a neighbourhood of similar-era properties, with metrics that indicate it could be a competitively priced entry into a newer housing stock. It would suit practical buyers—young families or professionals—who prioritize a move-in ready, modern home without a premium downtown price tag, and who see value in a neighbourhood still establishing its long-term character.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($530k) is for municipal tax purposes and is a starting point for market evaluation. Notably, it's below the average for Hillbrook Drive itself, which may indicate room for appraisal or simply a more conservative assessment. A market appraisal is essential to determine current value.
2. What are the pros and cons of a home built in 2017?
A significant pro is that major components like the roof, HVAC, and appliances are relatively new and likely under modern warranties, minimizing near-term repair costs. A less obvious consideration is that the neighbourhood's character and maturity (landscaping, community cohesion) is also only nine years old, which some may find appealing for its freshness, while others might prefer a more established streetscape.
3. The home is in an "Industrial" designated area. What does that mean for living here?
In Winnipeg, this often refers to a broader planning district that can include modern residential subdivisions. The presence of similar newer homes on the street confirms its residential use. Buyers should still investigate typical daytime noise levels, traffic patterns from nearby commercial activity, and long-term community plans to ensure compatibility.
4. How does the lot size impact future potential?
At 4,540 sqft, the lot is efficient. It provides adequate private outdoor space but may have limitations for significant expansions like a large addition or garage. Its above-average size for the immediate area is a positive, but any plans for major modifications should include a check of zoning bylaws.
5. Where can I find verified past sale data for this property?
The listing notes that exact sold price history is not displayed online due to industry rules. You must request this information directly from the listing service via the provided email link to receive manually verified transaction details.