Property Overview: 2479 King Edward Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2005, it is notably newer than most homes in Winnipeg, offering contemporary construction and likely fewer immediate maintenance concerns compared to older stock. The home features a renovated basement and an attached garage, with a living space of 923 sqft on a 3,699 sqft lot.
Its primary appeal lies in its balance of modernity and value. The assessed value is strong for its immediate street, ranking well above the local average, which suggests a perceived quality or condition advantage over neighboring properties. This makes it a sensible entry point into the housing market or a low-maintenance option for downsizers. The home would suit first-time buyers seeking a modern, move-in-ready property without the premium of a brand-new build, or investors looking for a relatively new asset with proven value retention in the area. A less obvious perspective is its appeal to those who prioritize predictable upkeep; a 21-year-old home avoids the potential hidden issues of much older properties while also being past the initial "settling" phase of a new build.
Frequently Asked Questions
1. How does the property's size compare to the area?
The living area is slightly below average for the broader Inkster Gardens neighborhood and the city, but is very close to the average for homes on King Edward Street itself. This indicates the home is typical for its specific block.
2. Why is the assessed value higher than the street average?
The above-average assessment for the street likely reflects the home's newer age (2005) and the renovated basement. It suggests the property has features or condition that the assessor views more favorably than older, unrenovated homes on the same block.
3. What is the recent sales history?
The home was last sold in April 2017. The exact sale price is available upon request, but public data indicates a range between $31.5k and $34.5k at that time.
4. Is the lot size a limitation?
The land area is smaller than the average lot in both the neighborhood and city-wide. This means less outdoor space for gardening or expansion, but also translates to less yard maintenance—a potential benefit for buyers seeking a low-maintenance lifestyle.
5. Who provides the exact sold price and how?
The exact historical sold price is provided manually by SaveOnHouse via email upon request. They state this is a free service with no unsolicited marketing, aimed at providing accurate data not always available in public records.