Property Overview: 50 Hillbrook Drive, Winnipeg
Key Characteristics & Appeal
This 2017-built home in North Inkster Industrial offers a modern, low-maintenance foundation in a neighbourhood of newer properties. Its primary appeal lies in offering above-average space and value across multiple metrics. With 2,041 sqft of living area, it sits comfortably in the top 25% of its immediate street and the top 11% of its local area, providing more room than most comparable homes. The 7,513 sqft lot is notably generous, ranking in the top 4% of the area, which is a significant advantage for outdoor space, potential expansions, or simply more privacy in a newer community.
The home’s assessed value of $622K positions it above average for the city and its immediate surroundings, suggesting a quality build and desirable features. A thoughtful perspective is that while it's a newer home, its 2017 build date means the major systems are likely still in good condition but may be approaching the age where some warranties expire, making a thorough inspection wise. This property would suit buyers looking for a modern, move-in-ready home without the uncertainties of a much older property, who value a larger lot, and who appreciate a home that performs well statistically against its peers in terms of size, value, and land.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in March 2017 for an estimated $350K-$400K. Its current assessed value of $622K reflects market appreciation over nine years. For verified, exact historical sale prices, you can request a manual lookup via email.
2. Is the lot size typical for the area?
No, the lot is a standout feature. At 7,513 sqft, it is significantly larger than the area average of 4,383 sqft, placing it in the elite top 4% of North Inkster Industrial.
3. What does the "Elite" ranking for Year Built mean?
It means this 2017 build is among the newest on its street (top 2%) and in the wider city (top 5%). This indicates you are in a pocket of newer development, which often correlates with similar modern home styles and infrastructure.
4. Are the sold price figures from the MLS?
No. The sold price data presented is compiled from publicly available sources, not the MLS. For fully verified transaction history and exact figures, a manual email request is required.
5. What might the above-average assessed value indicate?
An assessed value consistently above local and city averages can point to a combination of factors including the home’s size, condition, lot size, and specific features that the municipality deems valuable. It’s a useful benchmark for understanding its municipal tax valuation relative to others.