Property Overview: 412 Garlies Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a solid opportunity in the Inkster-Faraday neighbourhood. Its key characteristic is its above-average living space (1,298 sq ft) for both its immediate street and local area, offering more room than many comparable homes nearby. The property features a renovated basement and a detached garage. While its assessed value is modest relative to the city at large, it ranks well within its own community, suggesting it represents a typical and established value for this part of Winnipeg.
The appeal lies in its practicality and neighbourhood positioning. It suits buyers looking for a character home with updated fundamentals (like the basement) without a premium city-wide price tag. It’s a sensible choice for first-time homeowners, downsizers, or investors seeking a manageable property in a long-established area. A thoughtful perspective is that its "average" rankings within Inkster-Faraday for metrics like assessed value and land area indicate stability—it’s not an outlier, which can mean predictable costs and less competition compared to more rapidly changing areas.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,298 sq ft, the living space is above average for both Garlies Street and the wider Inkster-Faraday neighbourhood, placing it in the top 16% of comparable local properties.
2. What does the assessed value indicate about this property?
The assessed value is around average for the Inkster-Faraday area but is below the Winnipeg city-wide average. This is typical for the neighbourhood and reflects its established, modest-value market segment.
3. Is the lot size typical for the area?
Yes. The land area of 3,001 sq ft is very close to the average for both the street and the Inkster-Faraday neighbourhood, offering a standard urban lot.
4. The home was built in 1922. What should I consider?
While the basement has been renovated, the age of the home means a careful inspection of the main structure, roof, wiring, and plumbing is essential to understand any needed maintenance or updates.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the exact sale prices, you can use the email request feature provided on the listing page for a manual, prompt response.