Property Overview
This one-and-a-half storey home on Inkster Boulevard is a practical and well-situated property. Built in 1947, it offers 1,518 sqft of living space, which is notably above average for both its immediate street and the broader Inkster-Faraday neighbourhood. The home features a renovated basement and a detached garage. Its lot size is a comfortable 4,441 sqft, providing ample outdoor space. The assessed value positions it as an above-average property within the local area, suggesting a solid value proposition relative to nearby homes.
Key Characteristics & Appeal
The primary appeal of this home lies in its space and location-based value. It offers significantly more living area than most comparable homes in its vicinity, which is a major advantage for buyers needing room without moving to the city's outskirts. The renovated basement adds functional, modernized space. Its appeal is grounded in practicality: it suits first-time buyers looking for a spacious starter home, investors seeking a property with strong rental fundamentals in a established neighbourhood, or downsizers who want single-level living potential (main floor) plus extra space for family visits. A thoughtful perspective is that while its city-wide assessment rank is lower, this highlights a key opportunity—it represents a larger, well-positioned property within a more affordable segment of the Winnipeg market, offering neighbourhood-centric value rather than premium city-wide status.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,518 sqft, this home is in the top 10% for living area on its street and the top 6% within the Inkster-Faraday area, meaning it is substantially larger than most direct neighbours.
2. What does the assessed value tell me about this property?
The assessment is above average for the neighbourhood (top 8%), indicating it is valued higher than most nearby properties. City-wide, the assessment is more modest, which typically reflects the neighbourhood's overall price level rather than the property's specific condition or size.
3. Is the basement finished?
Yes, the listing confirms the basement has been renovated.
4. What is the property's history?
The home was built in 1947. Public records show a sale occurred in June 2019, with a price range reported between $235,000 and $265,000.
5. How does the lot size compare?
The 4,441 sqft lot is above average for the Inkster-Faraday area (top 21%), offering more outdoor space than many local properties.