Property Overview: 628 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Polson Avenue is a practical entry point into Winnipeg’s Inkster-Faraday neighbourhood. Built in 1914, its 960 sqft living area and 3,089 sqft lot are modest but squarely average for the immediate area, offering a manageable scale for first-time buyers or downsizers. The appeal lies in its straightforward, no-frills presentation—it features a basement (not renovated) and no garage, presenting a clear canvas. Its assessed value is significantly below the citywide average, indicating a lower property tax burden and a potential opportunity for value-conscious buyers.
The home suits buyers looking for affordability and simplicity. It’s a property where expectations are set by its immediate surroundings rather than city-wide comparisons. For the right owner, its value is in what it doesn’t have: excessive size, high taxes, or complex features that demand upkeep. It represents a chance to secure a foothold in a neighbourhood with the understanding that its character is rooted in its long history and functional layout.
Section 2: Frequently Asked Questions
1. Is the basement finished or usable for living space?
No, the basement is noted as not renovated. It provides utility space but would require investment to become a finished living area.
2. How does the assessed value affect property taxes?
With an assessed value around $19,400, which is well below the Winnipeg average, the annual property tax bill should be comparatively low. This is a key financial consideration for budgeting.
3. What does the sale history indicate about the property’s market?
The home sold in 2021 and again in 2022, each time at a price point consistent with the area’s affordable range. This suggests a steady, active market for homes at this value level.
4. Are homes on this street similar in size and age?
Yes. The data shows this home’s living area, lot size, and year built are all around the average for Polson Avenue itself, meaning it’s typical for the streetscape.
5. What are the implications of having no garage?
Parking will be on-street or possibly via a driveway if one exists (check specific listing details). This is common for homes of this era and in this area, but it’s a practical point to consider for vehicle storage and winter conditions.