304 Houde Drive

Property Summary: 304 Houde Drive, Parc La Salle, Winnipeg

Key Characteristics & Appeal

This 928 sqft bungalow, built in 1971, presents a practical and affordable entry point into the Winnipeg housing market. Its primary appeal lies in its value proposition. With an assessed value of $203k, it sits significantly below average for its street, neighbourhood, and the wider city, indicating a potentially lower property tax burden and an accessible purchase price. The home is modest in scale, with a living area that is fairly typical for Parc La Salle but below the city average, and it sits on a smaller lot. This translates to less maintenance, both indoors and out, which is a key advantage.

The property would suit first-time buyers, downsizers, or investors seeking a straightforward, low-maintenance asset. Its recent sale history (last sold in 2020 and 2016) suggests it may be a turnkey option requiring minimal immediate work. A thoughtful perspective is that while the lot is small relative to others, this can be a benefit for those seeking a cozy, manageable outdoor space without the upkeep of a large yard. Its age places it above average for its immediate street, hinting that it may be among the newer homes in that specific cluster.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on municipal evaluation, which considers factors like lot size, living area, age, and recent sales. This home’s below-average lot size and modest square footage contribute to its lower assessment compared to larger properties on the street and in the area.

2. Is the smaller lot size a major disadvantage?
It depends on your lifestyle. A smaller lot means less yard maintenance and lower exterior upkeep costs, which can be a significant advantage for busy individuals or those looking to minimize chores. It may not suit those wanting extensive gardens or large outdoor recreation space.

3. What does the sale history tell us?
The home sold in 2020 and previously in 2016, with prices in the $150k-$200k range. This indicates a property that has changed hands relatively recently, potentially reflecting steady market interest in well-priced, manageable homes in the area.

4. How does this home compare to others in Winnipeg?
City-wide, this home is below average in both living space and lot size, which is reflected in its price point. It offers a compact, efficient layout that is more common in its specific neighbourhood of Parc La Salle, providing an affordable alternative to larger, more expensive homes elsewhere in the city.

5. How can I find out the exact past sale prices?
The provided data shows price ranges. To obtain the exact sale figures, you must request a manual lookup via the email system provided on the listing page, as this site does not display MLS sold records.