Property Overview & Key Characteristics
This one-and-a-half storey home on Polson Avenue is a practical and well-positioned property in the Inkster-Faraday neighbourhood. Built in 1945, it offers 1,176 sqft of living space with a renovated basement and a detached garage. Its appeal lies in its solid local standing: the living area is above average for both the street and the immediate area, offering more space than many comparable homes nearby. The assessed value is also notably strong within the neighbourhood, ranking in the top 22%. This suggests a property that is well-maintained and perceived as a good value within its community context.
The home would suit first-time buyers or practical investors looking for a character home with modernized essentials in a stable, established area. It’s for someone who values being above the neighbourhood average in key metrics rather than seeking a city-wide standout. The detached garage and renovated basement add functional space, appealing to those who need workshop storage or extra living areas.
Frequently Asked Questions
What does the ranking data actually mean for a buyer?
It shows the home is a strong performer within its immediate community. While its size and value are average or below when compared to the entire city—common for established central neighbourhoods—it stands out positively on its own street and in Inkster-Faraday. This indicates a good relative value in its local market.
Is the sold price history complete?
The listed sale ranges from 2021 and 2024 are based on public data. To obtain the exact sold prices, you must request them via email from the site. This is a manual process they use to verify accuracy and initiate contact.
How does the assessed value relate to market price?
The assessed value ($23,600) is for municipal tax purposes and is typically much lower than market value in Winnipeg. The more relevant figure is its high rank (Top 22%) within the neighbourhood, indicating it is assessed higher than most nearby homes, which often correlates with better condition or features.
What is the significance of the “renovated basement”?
While the detail is not specified, a renovated basement in a home of this era adds valuable finished living space and suggests updated essential systems. It’s a key functional upgrade that adds versatility, whether for family space, a rental suite, or storage.
Are the comparable listings provided truly similar?
The site shows properties with identical assessed values first, which are administrative matches, not necessarily similar in style or location. The "Worth viewing" and "Nearby properties" sections are more useful for gauging the immediate area's character and price points.