79 Hillcrest Avenue

Property Overview: 79 Hillcrest Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 79 Hillcrest Avenue in Norwood East is a classic, early-20th century property that presents a practical and affordable entry point into the Winnipeg market. Built in 1913, its 803 sqft living area is compact, placing it below the average size for both the neighbourhood and the wider city. The lot size of 3,295 sqft is also modest relative to area norms. Its recent sold price (between $300k-$350k in May 2024) and assessed value ($293k) are notably below the city-wide average, highlighting its affordability.

The appeal lies in its value positioning. For its price, it offers a foothold in a central neighbourhood. While smaller and older than many comparables, this can translate to lower utility costs and less maintenance for the square footage. It suits first-time buyers, downsizers, or investors looking for a character home with a manageable footprint and a lower financial barrier to entry. A thoughtful perspective is that its "below average" size and value metrics, when viewed through the lens of efficiency and necessity, can be an advantage for those seeking to minimize their living space and mortgage burden without leaving established communities.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 803 sqft, the living area is smaller than most homes on the same street (ranking 22nd out of 32) and is below the average for both the Norwood East area and Winnipeg overall.

2. Is the assessed value in line with the recent sale price?
Yes. The home has an assessed value of $293k and sold for between $300k and $350k in May 2024, indicating the assessment and market price are closely aligned.

3. What should I consider with a home built in 1913?
While offering classic character, a 113-year-old home will likely require diligent maintenance and potential updates to mechanical systems like wiring and plumbing. It's advisable to budget for ongoing upkeep typical of a century-old structure.

4. How does the lot size affect potential for expansion or outdoor space?
The 3,295 sqft lot is smaller than many in the area. This may limit possibilities for large additions or extensive landscaping, but it also means less yard work and can contribute to the home's overall affordability.

5. Where can I get the exact sold price and more detailed history?
The exact sold price is not publicly displayed on this site. You can request the full transaction history and exact figures by emailing the provided contact; they will manually look up the MLS records and send them to you.