Property Overview: 619 Machray Avenue
Key Characteristics & Appeal
This two-storey home on Machray Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a practical and value-oriented opportunity. Built in 1913, it offers 1,352 sqft of living space, which is notably above average for the immediate area. A key feature is its renovated basement, adding functional living space, and it includes a detached garage. The lot size is a comfortable 4,025 sqft.
Its primary appeal lies in its strong positioning within its local context. While its age and assessed value are modest by city-wide standards, it stands out in its own neighbourhood for offering more living space than many comparable homes. This creates a value proposition for buyers seeking a larger interior footprint in this area without a premium price tag. The renovated basement adds immediate utility.
This property would suit a first-time homebuyer or practical investor looking for a character home with updated essentials in a no-frills, established neighbourhood. It’s for someone who prioritizes interior space and functional updates over a newer build or a large lot, and who is comfortable with a home that has a history.
Frequently Asked Questions
1. What does the assessed value tell me about the property taxes?
The assessed value is one component used to calculate property taxes. While this home’s assessment is below the city-wide average, taxes are also determined by the local mill rate. It’s advisable to budget based on recent tax statements rather than the assessment figure alone.
2. The home was built in 1913. What should I be aware of?
While the basement has been renovated, the core structure is over a century old. A thorough inspection is essential to understand the condition of major systems (like plumbing, electrical, and the foundation) that may not be covered by cosmetic updates. Its age is typical for the street but older than most city homes.
3. How does the living space compare to nearby homes?
This is a relative strength of the property. With 1,352 sqft, it offers more living area than approximately 88% of homes in the Inkster-Faraday neighbourhood, making it a spacious option for the area.
4. Is the detached garage a standard feature here?
The presence of a detached garage is a valuable asset, though not uncommon in the area. It provides useful storage or workshop space separate from the house.
5. The sold price history shows a range. Why isn't the exact price listed?
Exact sale prices in Manitoba are not publicly available through standard land registry searches. The ranges provided are estimates based on publicly accessible data. You can request the precise historical sale price from the website via email, as noted in the details.