Property Overview: 638 Anderson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Anderson Avenue in the Inkster-Faraday neighbourhood is a compact, century-old property (built 1926) with a renovated basement and a detached garage. Its key appeal lies in its efficient use of space and its strong positioning within its immediate area. At 896 sqft, the living area is modest, but the lot size of 4,447 sqft is notably above average for Inkster-Faraday, offering valuable outdoor space or future potential. The home's assessed value ranks well above average for both the street and the neighbourhood, suggesting it is viewed as a solid asset in its local context.
This property would suit first-time buyers, downsizers, or practical investors looking for a manageable footprint without sacrificing yard space. Its appeal is grounded in value and function rather than luxury. A less obvious perspective is that, while the home's size is below the city average, its strong comparative assessment within the community indicates it may be a well-maintained or improved example among its peers. It represents an entry into a mature neighbourhood where the value is tied more to the land and fundamentals than to square footage.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 896 sqft, the living area is below the average for both Anderson Avenue and the city overall. However, it is around the average for the broader Inkster-Faraday neighbourhood, indicating it's a typical size for this specific community.
2. What does the assessed value tell us?
The assessed value of $24,300 ranks in the top 22% on Anderson Avenue and the top 18% in Inkster-Faraday. This suggests the property is assessed more highly than most comparable homes in its direct vicinity, which can reflect factors like renovations, condition, or lot desirability.
3. Is the lot size a significant feature?
Yes. The land area of 4,447 sqft is a key asset, ranking above average for the Inkster-Faraday neighbourhood. This means you get more outdoor space than many nearby properties, which is a valuable differentiator for a home of this size and era.
4. When was it last sold, and for roughly how much?
The home was sold in August 2022. Public data indicates a sold price range of $25,500 to $28,500. For the exact sale price, you can request the information via email from the listing source.
5. What are the practical features?
The home includes a renovated basement and a detached garage. It is a one-storey (bungalow) style, which can be appealing for accessibility or single-level living. The listing does not mention a pool.