Property Overview: 652 Inkster Boulevard
Key Characteristics & Appeal
This one-and-a-half storey home on Inkster Boulevard is a solid, above-average offering within its immediate Inkster-Faraday neighbourhood. Built in 1948, it features 1,321 sqft of living space, a renovated basement, and a detached garage on a 4,440 sqft lot. The data reveals its primary strength is its strong standing locally: its living area and assessed value rank in the top 14% and 11% respectively compared to neighbourhood peers, suggesting it outperforms many nearby homes in size and official valuation. Recent sold price trends indicate a consistent appreciation.
The appeal lies in its established community setting and the value proposition it represents for the area. It suits practical buyers looking for a move-in-ready home with modernized basics (like the basement) in a no-fuss, mature neighbourhood. It’s particularly suitable for those who prioritize space and lot size relative to other local options, rather than seeking a city-wide standout. A thoughtful perspective is that while its city-wide rankings for value and year built are lower, this highlights the property’s affordability within Winnipeg’s broader market, making it a potential entry point or a sensible investment in a stable area.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
While its assessed value is above average for the Inkster-Faraday area, it sits below the city-wide average. This is typical for the neighbourhood and reflects a more accessible price point within the broader Winnipeg market.
2. Has the property value increased over time?
Available sold price ranges show a clear upward trend from late 2022 to late 2024, indicating appreciation over recent years.
3. Is the living space larger than most homes nearby?
Yes. With 1,321 sqft, this home offers more living area than approximately 86% of comparable homes in the Inkster-Faraday neighbourhood, making it a spacier option in the area.
4. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This detail would require follow-up with the listing agent to understand the full scope of the renovation.
5. The home was built in 1948. What should I consider?
While the building is older, the renovated basement suggests some updates. A standard pre-purchase home inspection is especially recommended to assess the condition of major aging components like the roof, plumbing, and electrical systems.