Property Overview: 49 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This home presents a specific value proposition centered on its modern build and city-wide positioning. Built in 2016, it is a relatively newer property that requires less immediate concern for major repairs or updates compared to the typical Winnipeg home. Its primary appeal lies in its efficient use of space; while the 1,506 sqft living area is modest for its immediate street, it is notably above the city-wide average, suggesting a well-utilized layout. The assessed value of $492k tells a clear story: it is priced below average for its own street and is mid-range for the North Inkster Industrial area, but sits comfortably above the average assessed value for the entire city. This indicates you are acquiring a newer, above-average city home for a price that is competitive within its more immediate, modern neighbourhood.
The property would suit practical, value-conscious buyers who prioritize a modern build year and efficient floor plan over a large lot, as the land area is compact. It’s a strong fit for first-time move-up buyers or small families looking for a low-maintenance home from the last decade without paying a premium for the largest property on the block. A less obvious perspective is that its "middle-of-the-pack" standing in the local area could offer more stable value without the volatility of the most expensive homes on the street, while still providing the benefits of a newer community.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average on Hillbrook Drive itself, but is very close to the average for the broader North Inkster Industrial area. This suggests it may offer good value within this specific modern neighbourhood.
2. Is the living space sufficient for a growing family?
At 1,506 sqft, the living area is above the Winnipeg city average, indicating a reasonably sized home. However, it is below the average for its immediate street. It would be best suited for a small to medium-sized family or those who prioritize efficient design over expansive square footage.
3. What are the implications of the 2016 build year?
A 2016 build is a significant advantage, placing the home in the top 6% newest properties city-wide. Buyers can expect modern construction standards, likely better energy efficiency, and should face fewer major maintenance issues in the near term compared to an older home.
4. Why is the lot size smaller than the city average?
The land area of 3,969 sqft is below the Winnipeg average, which is common in newer subdivisions where density is higher. This means lower yard maintenance but also less private outdoor space, a typical trade-off for homes of this era.
5. Can I get the exact historical sold prices for this property?
The displayed sold prices are shown in ranges. To obtain the exact historical sale figures, you must request a manual lookup via email through the website, as this data is not sourced from the MLS.