418 St Charles Street

Property Summary: 418 St Charles Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated, one-storey home in Winnipeg's Glendale neighbourhood, built in 1963. Its key features include a renovated basement and a detached garage. With 1,003 sqft of living space, the house is modestly sized compared to local averages, but it sits on a decent 5,993 sqft lot. The assessed value of $310k is firmly in the middle range for the area, suggesting a stable, established value proposition rather than an outlier.

The appeal lies in its balance and practicality. It offers the space and privacy of a good-sized lot with the low-maintenance convenience of a single-level layout. The renovated basement adds functional living space. It’s a home that represents a straightforward entry into a mature neighbourhood without the premium price tag of a larger or newly built property. This would suit first-time buyers, downsizers looking for single-level living, or practical investors seeking a stable rental property in a consistent area. A thoughtful perspective is that its "average" metrics across the board can be a strength—it avoids the volatility and extra costs that can come with properties that are either the most expensive or the most dated on the block.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others in Glendale?
At 1,003 sqft, the living area is below the neighbourhood average for comparable homes. This typically translates to a more efficient, manageable floor plan, which can be an advantage for those seeking lower utility costs and less upkeep.

2. What does the assessed value tell me about this property?
The $310k assessment is around the average for St. Charles Street and Glendale. This generally indicates the property is in line with area norms and isn’t likely over- or under-valued based on municipal assessment metrics.

3. Is the lot size a positive feature?
Yes. The lot is just under 6,000 sqft, which is above the city-wide average. This provides more outdoor space than many newer properties, offering room for gardening, recreation, or future additions like a shed or deck.

4. The home was built in 1963. What should I consider?
While the basement has been renovated, a home from this era may still have original components like windows, roofing, or major systems (plumbing, electrical) that could be nearing the end of their service life. A thorough inspection is advised to budget for any potential updates.

5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the precise sale price from its last transaction in August 2023, you can request it via email from the listing source. They provide this detail manually and state they do not use email addresses for unsolicited marketing.