Property Overview: 94 Hallet Street, North Point Douglas
Key Characteristics & Appeal
This home at 94 Hallet Street is a piece of Winnipeg’s history, built in 1881, offering substantial space and a unique value proposition. Its primary appeal lies in its generous 1,732 sqft living area, which is notably larger than most homes in the immediate area and across the city. The assessed value of $153k is consistent with the North Point Douglas neighbourhood, presenting a significantly lower entry point compared to the Winnipeg city-wide average. The lot size is practical for the area.
This property suits a specific buyer: those seeking maximum interior space for their budget who are prepared for the realities of a heritage home. It’s a compelling option for DIY enthusiasts, investors looking at the neighbourhood’s potential, or anyone wanting a character home without a suburban price tag. A thoughtful perspective is recognizing that its age and below-average city-wide valuation metrics represent both a project and an opportunity—it’s for a buyer valuing authenticity and square footage over modern conveniences and premium land size.
Frequently Asked Questions
1. What does the assessed value tell me about the property tax?
The $153k assessment is the value used by the city for calculating property taxes. It’s aligned with neighbourhood averages, so taxes will be typical for North Point Douglas but likely much lower than for a similarly sized home in a newer suburb.
2. As a heritage-era home, what should I be prepared for?
Built in 1881, this is one of the oldest homes on the street. Prospective buyers should budget for and prioritize a thorough inspection focusing on foundational integrity, historical wiring or plumbing updates, and energy efficiency, which will differ from a modern build.
3. How does the lot size compare?
At 3,268 sqft, the lot is standard for Hallet Street but smaller than the Winnipeg average. This means lower exterior maintenance but may limit expansion possibilities like a large addition or garage, depending on zoning.
4. The sold price history shows a range from $150k-$200k in 2019. Is the current assessed value accurate?
The assessed value is for taxation, not market value. The 2019 sale price and current assessment are in a similar range, but a professional appraisal or comparative market analysis is needed to determine its current fair market value.
5. What are the implications of the living area being "above average"?
With 1,732 sqft ranking in the top 20% city-wide for size, you are getting more interior space than most Winnipeg homes. This is the property’s standout feature, offering room for growing families, home offices, or creative layouts uncommon in this price bracket.