Property Overview & Key Characteristics
This one-and-a-half storey home on Hill Street in Norwood East is a classic Winnipeg property with solid, practical appeal. Built in 1940, it sits on a generous 4,557 sqft lot, which is notably larger than many in the city. The home itself offers 1,174 sqft of living space, complemented by a renovated basement and a detached garage. Its assessed value places it solidly in the middle range for the area, suggesting a well-priced entry point into a mature neighbourhood.
The primary appeal lies in its balance of space, location, and value. The large lot is a significant asset, offering room for gardens, play, or future expansion in a city where such space is increasingly rare. The renovated basement adds immediate functional living space without the need for initial projects. This home would suit first-time buyers looking for a character home with a manageable footprint, or practical downsizers who value a low-maintenance structure but still want a substantial yard. It’s for those who prioritize outdoor space and a settled neighbourhood over brand-new construction, and who see the detached garage as a bonus for storage or hobbies.
Frequently Asked Questions
1. How does the lot size compare to newer areas?
At over 4,500 sqft, this lot is substantially larger than those found in most modern suburban developments, where lots are often 3,000 sqft or less. This is a key feature offering more privacy and versatility.
2. What does the "renovated basement" typically include?
While specifics should be verified, in homes of this era a renovated basement often means it has been finished into a usable living area, such as a family room or additional bedrooms, and includes updated flooring, walls, and ceilings.
3. Is the home's age a concern for maintenance?
A 1940s home will have expected upkeep. The positive is that major systems like the renovated basement suggest some updates have been made. A thorough inspection is recommended to plan for any future updates to the roof, windows, or original plumbing and wiring.
4. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. The provided comparable sales in Norwood East show a wide range, indicating that final sale price depends heavily on the home's specific condition, updates, and current market demand.
5. What is the neighbourhood feel of Norwood East?
Norwood East is a long-established, quiet neighbourhood with tree-lined streets. It offers a central location with a mix of classic wartime homes and more recently built infill properties, providing a blend of character and community continuity.