Property Overview
This is a substantial, well-established property at 2103 Henderson Highway in Winnipeg's River East neighborhood. Its primary appeal lies in offering significantly more space—both indoors and on the land—than typical homes in the area, presenting a rare opportunity for buyers seeking room to grow or customize.
Key Characteristics & Ideal Buyer
The home’s standout feature is its scale. With nearly 2,900 sqft of living space, it ranks in the top 1% of homes in River East and citywide for size. This is complemented by an exceptionally large lot of over 21,000 sqft, placing it in the top 2% of the neighborhood and top 1% citywide. Built in 1964, it is newer than many homes on its street but is a mature property that likely reflects the building styles and potential renovation needs of its era.
The appeal here is for a buyer who prioritizes space and potential over a move-in-ready modern finish. It would suit a growing or multi-generational family needing ample bedrooms and living areas, or a visionary buyer who sees value in the generous lot for gardens, recreation, or future expansion. The assessed value of $531k is above average for the street and area, indicating the property is already recognized for its substantial footprint and is likely positioned for buyers with a corresponding budget.
A less obvious perspective is the property’s "below average" year-built ranking within the broader River East neighborhood, where homes are typically newer. This suggests the home may offer more classic architectural character or construction quality compared to nearby subdivisions, but it also implies that updates may be a consideration for the next owner.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
It is exceptionally large. The living area is more than double the average for Henderson Highway and ranks in the top 1% for the entire city, offering rare interior space for the area.
2. What does the lot size mean for a buyer?
At 21,010 sqft, the lot is vast by urban standards—about three times the neighborhood average. This allows for exceptional privacy, outdoor living potential, gardening, or room for additions like a garage, workshop, or pool.
3. The home was last sold in late 2019. What was the price?
Public data indicates a sold price in the range of CA$450,000 to $500,000 at that time. For verified, exact historical sale figures, you can request a manual lookup via email on the property page.
4. Given its 1964 build date, should I expect major updates?
As a home from the 1960s, key systems like roofing, plumbing, electrical, and windows may have been updated over time or could be items for future investment. Its "above average" year-built rank on its specific street suggests it is relatively newer than many immediate neighbors.
5. Is the assessed value a reliable indicator of market price?
The assessed value of $531k is a municipal valuation for tax purposes and is a useful benchmark, showing it's valued higher than most area homes. However, market price is determined by current conditions, buyer demand, and the property's specific state, so it should not be relied upon as an exact sale price.