Property Summary: 23 Findlay Place, Winnipeg
Key Characteristics & Appeal
This bi-level home at 23 Findlay Place in Inkster Gardens is a property defined by its land and value proposition. Built in 1986, it is one of the newer homes on its street. The living space (878 sq ft) is modest and below average for the area, but it features a renovated basement. The standout feature is the generous 7,278 sq ft lot, which is significantly larger than most in Inkster Gardens and across Winnipeg, offering ample outdoor space.
Its primary appeal lies in its low assessed value ($40,400), which is above average for its immediate street, suggesting a solid entry point into the market. The combination of a large lot, a newer build date for the street, and a renovated basement presents an opportunity for a buyer comfortable with a smaller interior footprint.
This home would best suit a first-time buyer, an investor, or a practical household looking to minimize their property tax base while securing a large yard. It’s for those who prioritize outdoor potential and financial efficiency over expansive indoor living areas. A thoughtful perspective is that the large lot, relative to the home's size, offers flexibility for future expansion, gardening, or outdoor living—a rare find in this price bracket.
Frequently Asked Questions
1. Is the house small compared to neighbours?
Yes. At 878 sq ft, the living area is below the average for both the immediate street and the wider Inkster Gardens neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification from the seller or a viewing to understand the finish quality and layout.
3. Why is the assessed value relatively low?
The assessed value is based on municipal evaluation for tax purposes and is influenced by the home's smaller size and overall market factors. It is notably higher than the street average but below the citywide average, reflecting the property's specific characteristics.
4. How does the large lot size benefit a buyer?
The lot is over 50% larger than the neighbourhood average, providing exceptional yard space for recreation, gardening, or storage. It also potentially offers more privacy and options for future landscaping or improvements.
5. What is the typical price history for this home?
Based on available data, the home was last sold in August 2017 for an estimated price between $27,500 and $30,500. The current assessed value is $40,400. For the exact historical sold price, you can request the information directly via the listing page.