Property Overview: 472 Garlies Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Inkster-Faraday presents a practical opportunity with a renovated basement. Its key appeal lies in its above-average living space for the immediate area—at nearly 1,400 square feet, it offers more room than roughly 90% of comparable homes on its street and in the neighbourhood. This makes it a standout for buyers seeking space without a premium price tag in this locale. The detached garage and a decently sized 3,000 sqft lot add to its functional appeal.
The home suits first-time buyers, practical investors, or downsizers who prioritize interior space over a newer build. Its 1923 construction means character comes with the responsibility of proactive maintenance. A thoughtful perspective: while its assessed value is modest citywide, its strong ranking for living area in the local context suggests it may offer better value-per-square-foot here than in many other Winnipeg neighbourhoods. It’s a home for those who see potential in established communities and value measurable space over a modern facade.
Section 2: Frequently Asked Questions
1. How does the living area truly compare?
At 1,396 sqft, this home is significantly larger than most in its immediate vicinity. It ranks in the top 10% for living space both on Garlies Street and within the broader Inkster-Faraday area.
2. What should I consider about the age of the home?
Built in 1923, the home is over a century old. While the basement has been renovated, prospective buyers should budget for and investigate updates to major aging components, such as plumbing, electrical, and the foundation.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for municipal taxes is $18,700, which is low compared to the Winnipeg average but typical for this area. The last known sale was between $16.5k-$19.5k in 2020. The actual market price will be determined by current conditions, the home’s updated features, and buyer demand.
4. What is the neighbourhood like?
Inkster-Faraday is an established, no-frills neighbourhood. The property’s lot is smaller than the city average, and homes are close together, which is typical for the area. It offers affordability and convenience but may not suit those seeking expansive yards or newer suburban amenities.
5. How can I find out the exact historical sale prices?
The website provides estimated sale price ranges from public data. To obtain the precise sale figures, you must request them via email from the site operator, who manually provides the information.