Property Summary: 193 Hatcher Road, Winnipeg

Section 1: Overview & Appeal

This home at 193 Hatcher Road is a practical, entry-level property in Winnipeg's Mission Gardens neighborhood. Built in 1975, its key characteristic is its modest scale, featuring 812 sqft of living space on a 3,799 sqft lot—figures that are consistently below average for its immediate street, area, and the wider city. The appeal lies squarely in its affordability and value positioning. With a relatively low assessed value and recent sold prices between $200k-$300k, it represents a accessible foothold in the market. This isn't a home for those seeking ample space, but rather for buyers who prioritize financial efficiency over square footage.

It would best suit first-time buyers, downsizers looking to simplify, or investors seeking a lower-entry rental property. A thoughtful perspective is that its smaller size and lot translate to lower maintenance costs and effort, which can be a significant long-term benefit. Additionally, being an older home on a street with similar-aged properties suggests established infrastructure and neighborhood character, without the premium often attached to newer builds or massive renovations.

Section 2: Frequently Asked Questions

1. Is this considered a small house?
Yes. At 812 sqft, the living area is smaller than most homes on its street, in Mission Gardens, and across Winnipeg. This indicates an efficient, compact layout.

2. What does the assessed value tell me?
The assessed value of $27,100 is for taxation purposes and is notably lower than average comparables. It generally suggests a lower property tax burden, but the market value is better reflected by the recent sold price history (between $200k-$300k).

3. How recent are the sales, and what do they indicate?
The property sold in 2021 and again in 2023. This recent activity suggests it is a transactable property in demand from value-focused buyers. The price increase between those sales aligns with broader market trends over that period.

4. What are the less obvious pros and cons of a home like this?
A potential pro is the manageable scale, which can mean lower utility costs and less upkeep. A consideration is that its smaller size and lot offer limited options for expansion or large-scale gardening, which may affect long-term resale to buyers wanting room to grow.

5. Where can I see more details about the neighborhood?
You can open the dedicated neighbourhood analysis page for a map view to compare this property with nearby houses in detail, including year built, living area, and lot size.