Property Overview: 197 Hatcher Road, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This 812 sqft bungalow, built in 1975 on a 3,800 sqft lot, presents a straightforward, entry-level opportunity in Winnipeg’s Mission Gardens neighborhood. Its core appeal lies in its relative affordability and position as a manageable, low-maintenance property. The home’s assessed value is notably modest compared to city-wide averages, suggesting a lower property tax burden and an accessible price point.

The data reveals a nuanced position. While the living space is compact compared to most homes on its street and in the wider area, its assessed value is roughly average for Hatcher Road itself. This indicates it sits among the more affordable options in its immediate vicinity. The lot size is smaller than typical, which translates to less yard upkeep—a potential benefit for those seeking simplicity.

This property would best suit first-time buyers, downsizers, or investors looking for a practical entry into the market. It’s for someone prioritizing financial accessibility and manageable upkeep over size. A thoughtful perspective is that its smaller scale and older vintage might allow for efficient, cosmetic updates to add value, rather than requiring major systemic overhauls common in much older homes.

Section 2: Frequently Asked Questions

1. Is this a good value compared to the neighborhood?
The data suggests it is competitively positioned on its own street. While smaller in size, its assessed value is around the average for Hatcher Road, indicating it’s priced in line with its direct neighbors, potentially offering a more affordable footprint in the same location.

2. What should I know about the home’s size?
At 812 sqft, the living area is below average for the street, area, and city. This confirms it is a compact bungalow, ideal for one or two people. Buyers should plan for efficient use of space.

3. How does the lot size impact the property?
The 3,800 sqft lot is smaller than area averages. This means less private outdoor space but also significantly reduced yard maintenance responsibilities and costs, which can be a positive for some lifestyles.

4. What is the significance of the sold price history?
The home sold in 2016 and 2021 within the same price range. This price stability, even through different market conditions, suggests a consistent, perceived value for this specific type of property in this location.

5. How can I get more specific historical data?
Exact sold prices are not publicly displayed in detail. The listing service offers to provide the precise sale history via a manual email request, which they commit to fulfilling without using your contact information for marketing spam.