Property Overview & Key Characteristics
This well-maintained home at 31 Hillbrook Drive, built in 2016, offers a modern living space in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its balance of contemporary construction and above-average space relative to the wider city. With 1,861 sqft of living area, the home provides more room than approximately 85% of Winnipeg homes, making it a spacious option for the price point. The assessed value of $535k positions it as a premium property city-wide (top 15%), yet it is competitively priced within its own neighbourhood and street.
The lot size of 4,203 sqft is more compact compared to many city lots, which translates to less yard maintenance—a potential plus for buyers seeking a low-maintenance exterior. This property would suit a professional or small family looking for a modern, move-in-ready home without the upkeep of an older property or a large yard. It’s particularly appealing for buyers who prioritize interior space and modern amenities over expansive outdoor land.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is around the average for both Hillbrook Drive and the broader North Inkster Industrial area. This suggests it is priced consistently with the local market, neither significantly over nor under-valued compared to immediate peers.
2. Is the property considered a newer build for Winnipeg?
Yes. Built in 2016, it is significantly newer than the Winnipeg city-wide average home (built in 1966), placing it in the top 6% for year built. This typically implies modern building standards, systems, and less immediate need for major renovations.
3. What are the trade-offs of the lot size?
The lot is below average in size for the street and city-wide. This means smaller outdoor private space, which could be a consideration for those wanting extensive gardens or recreation areas. Conversely, it often results in lower maintenance and potentially lower property taxes tied to land value.
4. What does the sold price history indicate?
The home last sold in 2016 for between $350k-$400k. While not a recent sale, this provides a baseline. For exact, verified sold prices and a full transaction history, you can request a manual lookup from the site via email.
5. Who might this property not suit?
Buyers seeking a large lot for privacy, expansion, or extensive landscaping may find the property limiting. Similarly, those looking for a bargain-priced home in the city-wide context may find it premium, as its value sits above the Winnipeg average.