Property Overview: 1731 Arlington Street
Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, offering 768 sqft of living space with a renovated basement and a detached garage. Its core appeal lies in being a modest, established property in the Inkster-Faraday neighbourhood. While the living area is below average for the city, the home's assessed value is notably strong for its immediate area, ranking in the top 15% locally. This suggests it may represent a value-conscious entry point into the neighbourhood.
The property would suit first-time buyers or investors seeking an affordable, low-maintenance footprint. Its renovated basement adds functional space, and the standard-sized lot (just over 3,100 sqft) provides typical outdoor room for the area. A thoughtful perspective is that this home, while smaller, outperforms many area peers in terms of official valuation, potentially indicating solid fundamentals or desirable lot-specific traits. It’s not a sprawling family home, but a practical base for someone comfortable with a cozy layout who prioritizes location and lot potential over square footage.
Frequently Asked Questions
1. How does the home's size compare to others?
At 768 sqft, the living area is below the average for Winnipeg, but is a fairly typical size for many established, post-war homes in neighbourhoods like Inkster-Faraday.
2. What does the assessed value ranking tell me?
The assessment ranks in the top 15% within Inkster-Faraday, meaning it is officially valued higher than most comparable homes in the immediate area. This can sometimes reflect lot value, recent improvements, or desirable location factors within the neighbourhood.
3. What is the significance of the renovated basement?
A renovated basement adds usable living space to the home's footprint, which is a valuable asset in a smaller main-floor layout. It's important to clarify the nature of the renovation (e.g., finished living space, updated utilities) and check for proper permits.
4. What are the implications of a home built in 1946?
Homes of this era are common in Winnipeg and often feature solid construction. Buyers should budget for potential updates to aging components like plumbing, electrical, or windows, and ensure a thorough inspection is completed.
5. Where can I find the exact historical sale price?
The listed sale range is based on public data. The exact sale price from October 2019 is available upon direct request from the listing source, as noted on the property details page.