Property Summary: 637 Polson Avenue, Winnipeg
Section 1: Overview & Appeal
This one-storey home in the Inkster-Faraday neighbourhood presents a practical opportunity. Its key characteristics include a 940 sqft living area, a renovated basement, a detached garage, and a 3,012 sqft lot. Built in 1913, it is a century home with a lower assessed value compared to many city-wide properties.
The primary appeal lies in its position as an affordable, functional entry point into the Winnipeg market. It suits first-time buyers, investors, or downsizers who prioritize value and a renovated basement over square footage or a large yard. A thoughtful perspective is that its "below average" city-wide metrics for size and assessed value are actually its main advantage, offering lower property taxes and a manageable footprint. It fits someone looking for a solid, no-frills home where the renovation work on the basement is already complete, providing immediate usable space without the initial project.
Section 2: Frequently Asked Questions
1. How does the property's assessed value affect property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a key ongoing cost saving for the homeowner.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to verify with the seller or listing agent to understand the quality and functionality of the space.
3. Is the lot size a limitation?
At just over 3,000 sqft, the lot is smaller than many in the city. This means lower maintenance but less private outdoor space. It's a trade-off that suits those who want a yard without the upkeep of a larger property.
4. How does the home's age (1913) impact it?
While the basement has been renovated, the home's age means potential buyers should pay special attention to the condition of core elements like the foundation, roof, wiring, and plumbing during an inspection.
5. Where can I find the exact historical sale price?
The exact sold price from its last transaction in November 2016 is not publicly displayed in the data. The site offers to provide this precise figure via email upon request, as they compile it manually from their records.