Property Overview: 32 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This home at 32 Hillbrook Drive is a standout property in Winnipeg’s North Inkster Industrial area, defined by its substantial size and modern build. Built in 2017, the 2,403 sqft residence sits on a large 7,871 sqft lot, offering significantly more space than most homes in its immediate neighborhood and across the city. With an assessed value of $698,000, it ranks in the top tier locally, indicating a premium property for the area.
The appeal lies in its combination of a contemporary build, expansive living area, and generous outdoor space—a rare trifecta. It’s a home that offers room to grow without the maintenance concerns of an older property. This property would ideally suit buyers looking for a modern, move-in-ready family home that feels spacious and established, yet doesn’t require updates. It’s particularly fitting for those who value above-average interior and exterior space within a suburban setting and are seeking a long-term home with strong foundational value.
A less obvious perspective is its positional strength within its own micro-market. On Hillbrook Drive, it ranks #1 for living area and #2 for value, meaning it’s not just a nice house in the area—it’s one of the defining properties on its street. This can offer a sense of permanence and stability.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value of $698,000 is for municipal tax purposes and is a strong indicator of the home’s baseline worth. Market price can be influenced by current conditions, updates, and buyer demand, but this assessment places the home in the top 1-4% of comparable properties across several scales, suggesting a solid value foundation.
2. Is the North Inkster Industrial area purely industrial?
Despite the name, the area contains residential neighborhoods like this one. The "Industrial" designation is broad and often refers to the wider planning zone, not the specific character of every street. Hillbrook Drive is a residential street.
3. What does the sold price history from 2017 indicate?
The home sold for between $450,000 and $500,000 in 2017. The increase to the current assessed value reflects market appreciation over nine years and the added value of a now-established property on a mature lot.
4. How does the lot size compare practically?
At 7,871 sqft, the lot is over 40% larger than the area average. This translates to more privacy, larger backyard potential, and ample room for additions like a deck, shed, or garden compared to neighboring properties.
5. Where can I get verified sale history and exact past sale prices?
The provided data is compiled from public sources. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.