Property Overview
This 2008-built bi-level home at 2667 King Edward Street in Winnipeg's Inkster Gardens neighbourhood presents a specific and practical value proposition. Its key appeal lies in being a relatively modern home within its immediate area, offering updated essentials without the premium price tag of a new subdivision. With 928 sqft of living space, a renovated basement, and an attached garage, it covers the fundamentals for comfortable, low-maintenance living.
The home is best suited for first-time buyers, downsizers, or pragmatic investors seeking a turnkey property with modern systems. Its assessed value is notably strong for its street, ranking in the top 14%, which suggests it is viewed favorably relative to its older neighbours. However, the living space is compact, especially when compared to larger homes in the wider city, making it ideal for those who prioritize efficiency and newer construction over sheer size. The smaller land area (3,693 sqft) translates to less yard upkeep—a perk for some, a limitation for others. It’s a property for someone who wants a home that’s largely "done," with the peace of mind that comes from newer plumbing, wiring, and a roof, all within a mature community.
Frequently Asked Questions
1. How does the home’s age compare to others nearby?
Built in 2008, this is a significantly newer home compared to most on its street, where the average build year is 1957. This is one of its standout features, implying more modern construction standards and materials.
2. The assessed value seems high for the street but average for the city. What does that mean?
The assessment is above average for King Edward Street, likely reflecting its newer condition and renovations. City-wide, it sits around the middle, indicating you are paying for the structure's condition rather than an expensive location, which can be a strategic way to allocate a budget.
3. Is the living space sufficient for a small family?
At 928 sqft, the living area is functional but compact. The renovated basement provides crucial additional space. It would suit a small or young family comfortably, but those needing multiple large bedrooms or dedicated playrooms may find it tight.
4. What are the implications of the smaller lot size?
The 3,693 sqft lot is below average for both the neighbourhood and city. This means less outdoor maintenance and gardening, which is a benefit for those seeking a lock-and-leave lifestyle. However, it offers less privacy and room for expansions like a large deck or addition.
5. The last sold price range is provided, but how can I get the exact figure?
The exact historical sold price is not publicly displayed due to data sourcing. You can request it by email via the button on the listing page. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing use of your email address.