Property Overview: 629 Machray Avenue
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1913, offers a classic layout with 1,360 sqft of living space and a full, unrenovated basement. It sits on a 4,023 sqft lot and includes a detached garage. The home’s assessed value is notably below the citywide average, presenting a clear value proposition within its established Inkster-Faraday neighbourhood.
Its primary appeal lies in its space and positioning. The living area is generous for the immediate area and above average for the neighbourhood, offering more room than many nearby homes. While the property is historic, its lot size is typical for the local streetscape. This combination suits practical buyers looking for a character home with space to grow into, without the premium price tag of newer or fully renovated properties. It’s a solid candidate for first-time homeowners comfortable with a property that may need gradual updates, or for investors seeking a well-sized rental property in a neighbourhood where its value metrics stand out positively against local comparables.
A less obvious perspective is its relative stability. The home’s metrics—for size, value, and year built—consistently rank as "around average" on its own street. This suggests it fits seamlessly into the fabric of Machray Avenue, potentially offering a predictable and established community feel without the extremes of being the largest, smallest, newest, or oldest property on the block.
Section 2: Frequently Asked Questions
1. What is the exact recent sold price?
The public data shows a sold price range of $20.50k ~ $23.50k in June 2023. For the precise sale price, you must request it directly via email from the listing source, as they provide that detail manually.
2. How does the home’s size compare to others?
At 1,360 sqft, the living space is larger than most homes in the broader Inkster-Faraday neighbourhood (ranking in the top 11%) and is on par with the average for the city and for Machray Avenue itself.
3. Is the assessed value high or low?
The assessed value is above average for the Inkster-Faraday neighbourhood but is significantly below the average assessed value for the entire city. This indicates a potentially more accessible entry point compared to the Winnipeg market overall.
4. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential updates and anticipate a professional inspection to understand its current condition and possibilities.
5. How does the lot size impact the property?
The lot is smaller than the average on Machray Avenue but is very close to the typical size for the Inkster-Faraday neighbourhood. This means outdoor space is in line with local norms, sufficient for a yard and detached garage, but not an exceptionally large plot.