Property Overview: 26 Petriw Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Inkster Gardens presents a practical and affordable entry point into the Winnipeg market. Its key characteristic is its renovated basement, adding valuable finished space to the 880 sqft main living area. The home was built in 1978 and sits on a modest, manageable lot.
The appeal lies in its value proposition and simplicity. It ranks as more affordable than most homes in its immediate neighborhood and across the city, based on its assessed value. This makes it a candidate for cost-conscious buyers, including first-time homeowners or investors seeking a straightforward rental property. The single-level layout (with a developed basement) could also suit those looking to avoid stairs or seeking a easier-to-maintain footprint. A thoughtful perspective: while its living space is below area averages, the renovated basement effectively expands usable space, offering potential that isn't immediately apparent from the main square footage alone. It’s a home that prioritizes function and fundamentals over size or premium finishes.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, room layouts, and ceiling height should be verified through a viewing or by requesting details from the listing agent.
2. How does the assessed value relate to the likely selling price?
The assessed value for taxation purposes is $29,400. In Winnipeg, selling prices can differ from this figure. Reviewing the provided sold price history for the home and recent sales of comparable properties in Inkster Gardens will give a clearer market expectation.
3. Is the property suitable for expanding or adding on?
The land area is smaller than many city lots. While not impossible, the potential for significant expansions like large additions or a garage may be limited by lot size and local zoning bylaws.
4. What are the typical maintenance considerations for a home of this age?
Built in 1978, major systems like the roof, windows, plumbing, and electrical may be at or beyond their typical service life. A pre-purchase home inspection is highly recommended to assess their condition and plan for potential updates.
5. How can I get the exact historical sold prices for this home?
The exact sold prices are not publicly displayed. As noted on the detail page, you can request this information by email via the provided button; the service aims to provide the accurate data manually by the end of the same day.