Property Overview: 561 Inkster Boulevard
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1945, presents a practical and updated living space in Winnipeg's Inkster-Faraday neighbourhood. Its key features include 1,159 sqft of living area, a renovated basement, and a detached garage, all situated on a 3,704 sqft lot.
The primary appeal lies in its solid, move-in-ready foundation with recent updates, notably the finished basement which adds valuable flexible space. From a neighbourhood perspective, the home stands out locally—its assessed value ranks well above average for Inkster-Faraday, suggesting it is a well-maintained property within its immediate community. This makes it a sensible choice for first-time homebuyers, small families, or practical investors seeking a character home with modern livability. It suits those who value a balance of established neighbourhood charm, functional updates, and a layout that offers clear separation of living and sleeping areas across its two floors.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home is competitively positioned within Inkster-Faraday. Its living space is slightly above the neighbourhood average, and its assessed value is in the top 14% for the area, indicating it is likely in better condition or has more features than many comparable local properties.
2. What is the significance of the renovated basement?
A renovated basement immediately adds usable square footage for recreation, a home office, or extra storage without the need for a future investment. It’s a key feature that enhances the home's functionality from day one.
3. Is the detached garage a pro or a con?
This depends on preference. A detached garage can offer more flexibility for a workshop or projects without affecting the main house, but it means navigating outdoors in Winnipeg winters. For some buyers, this trade-off for extra space is worthwhile.
4. The home was last sold in late 2020. What does that indicate?
The 4-5 year ownership period suggests the sellers likely completed the basement renovation and other updates during their tenure, providing a home that has been recently refreshed rather than one that has been held long-term without change.
5. How does the lot size impact future potential?
At just under 3,800 sqft, the lot is very typical for the area. It provides adequate private outdoor space but is not oversized. This means future expansions like a large addition or pool would be challenging, but it also translates to less yard maintenance—a plus for many modern buyers.