Property Overview
This one-storey home at 608 Polson Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a straightforward, value-oriented opportunity. Built in 1910, the 925 sqft house sits on a 3,088 sqft lot and features a detached garage and an unfinished basement. Its assessed value is notably below the citywide average, reflecting its vintage and modest footprint. The appeal here is rooted in practicality and potential, rather than immediate turn-key luxury. It suits first-time buyers seeking an entry point into the market, investors looking for a rental property, or handy individuals who see value in a home they can gradually improve over time. A less obvious perspective is that its smaller size and lower taxes could align well with a minimalist or downsizing lifestyle, while its established location offers more stability than newer, peripheral subdivisions.
Frequently Asked Questions
What is the exact sold price history?
The public data shows a sale in May 2017 for an estimated range of $16.5k to $19.5k. For the precise sale price, you can request the information via email from the listing service.
How does this home compare to others in the area?
Within the immediate Polson Avenue context, its living space is fairly typical for the street, but its assessed value and older build date rank below the local averages. For the broader Inkster-Faraday area, it sits closer to the middle of the pack for both size and value.
Is the basement finished?
No, the basement is noted as being unfinished, which presents both a blank canvas for future development and a clear understanding that it is a utility space as-is.
What does the ranking system (e.g., Top 70%) mean?
These rankings compare this specific property metric (like living area or assessed value) against similar homes in the defined group (street, area, or city). For example, "Top 70%" for living area on Polson Avenue means approximately 70% of comparable homes on the street are larger, and 30% are smaller.
What are the implications of the 1910 build year?
The age indicates character and likely traditional construction, but it also means prospective buyers should prioritize thorough inspections for foundational integrity, wiring, plumbing, and insulation to understand any needed updates or maintenance inherent to a century-old home.