Property Overview: 609 Anderson Avenue
Key Characteristics & Appeal
This two-storey home on Anderson Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a practical, no-frills opportunity. Built in 1914, its 1,304 sqft living space is notably above average for the immediate area, offering more room than many neighbouring homes. The property includes a detached garage and a basement that is present but not renovated.
Its primary appeal lies in its position as a straightforward, functional property within an established community. The home’s assessed value is modest and aligns with local averages, suggesting an accessible entry point into the market. The lot, while smaller than many on its street, is typical for the wider neighbourhood. This isn't a luxury showcase, but a solid, basic structure. It would suit a value-conscious buyer looking for a liveable footprint to customize over time, an investor seeking a rental property with a stable local baseline, or someone who prioritizes interior space over a large yard. The recent sale in early 2024 indicates a active, liquid market for homes at this scale and price point.
Frequently Asked Questions
1. What is the actual recent sale price?
The provided data shows estimated sold price ranges. To obtain the exact sale price from February 2024, you must request it directly via email from the listing source, as this information is manually verified and shared.
2. Is the basement finished?
No. The listing explicitly states the basement is "not renovated," meaning it is likely in an unfinished, utility state.
3. How does the property compare to others nearby?
The home offers more living space than about 85% of comparable homes in the Inkster-Faraday area. However, its lot size is smaller than most on Anderson Avenue itself. It sits around the neighbourhood average for assessed value and age.
4. What does the assessed value indicate?
The assessed value of approximately $20,100 is for municipal tax purposes and is significantly below the Winnipeg citywide average. It reflects the property's modest valuation within its specific local market context, not a potential market sale price.
5. What are the implications of the home's age?
Built in 1914, the home is older than about 89% of properties citywide. This suggests potential for character but also means prospective buyers should pay particular attention to the condition of major aging components like the roof, plumbing, and electrical systems during an inspection.