Property Overview & Key Characteristics
644 Mountain Avenue is a well-established two-storey home in Winnipeg's Inkster-Faraday neighbourhood, built in 1912. Its primary appeal lies in its generous proportions and established location. The 1,448 sqft living area is notably spacious, ranking in the top 14% for size on its street and top 8% within the neighbourhood. The property sits on a large 2,746 sqft lot, which is in the top 5% for the street, offering ample outdoor space. A key feature is the renovated basement, adding modern, functional space to the classic home.
This home suits buyers looking for character and space in a mature neighbourhood without a premium price tag. It’s ideal for those who value larger interior and yard space over newer construction, and for handy buyers who see potential in a solid, century-old structure. The assessed value suggests it may offer good value relative to its size and lot. A thoughtful perspective is that while the home itself is over a century old, its above-average rankings for lot and living area size in a city-wide context indicate a enduring, substantial asset in a neighbourhood that may be poised for gradual renewal.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, moisture control, or permitted work are not provided. This would be a key area for inspection and buyer inquiry.
2. How does the assessed value relate to the likely selling price?
The assessed value is $21,600, which is used for property tax calculation. In Winnipeg's market, the selling price is typically significantly higher than this figure and is determined by current market conditions, the home's updated features, and buyer demand.
3. The home is 114 years old. What should I be prepared for?
While offering charm and solid construction, a home of this age will likely require ongoing maintenance. Buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider a thorough inspection a necessity.
4. There is no garage. What are the parking options?
The property listing shows no garage. Parking would likely be via on-street permit or a potential driveway if the large lot allows for one to be added, subject to city bylaws.
5. The neighbourhood rankings seem mixed. What does this indicate?
The home ranks highly for lot and living area size but lower for year built on its street. This suggests it's on a street with a mix of older and some newer homes, and that this specific property is valued more for its physical footprint than its age. It points to a street with varied character.