Property Overview: 665 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home on Cathedral Avenue in the Inkster-Faraday neighbourhood presents a practical opportunity. Built in 1913, it offers 1,280 sqft of living space and sits on a 3,739 sqft lot with a detached garage. The basement is noted as unrenovated. Its primary appeal lies in its positioning as a solid, no-frills property within its immediate context. While its city-wide metrics for age, lot size, and assessed value are below average, it ranks as above-average for both living space and assessed value within the Inkster-Faraday area itself. This suggests it represents a relatively spacious and valued home for this specific community.
The property would suit a value-conscious buyer, such as a first-time homeowner or an investor, who is comfortable with a home of this vintage and sees potential in its existing structure. Its appeal is grounded in practicality rather than luxury, offering more interior space than many local comparables. A thoughtful perspective is that this home may represent a stable, established presence in the neighbourhood, having been part of the community's fabric for over a century, which can hold intangible value for the right buyer.
Frequently Asked Questions
1. What is the actual recent sold price?
The available public data shows a sold price range of $20.50k to $23.50k from June 2016. For the exact and most recent sale history, you must request the information directly via the provided email service.
2. What does "above average for the area" really mean for this home?
The data indicates that, specifically within the Inkster-Faraday neighbourhood, this home's living area and assessed value rank in the top 20-30% of comparable properties. This means it offers more space and is assessed at a higher value than most similar homes nearby, though it may be modest by broader city standards.
3. What should I expect with a basement that's "not renovated"?
This typically means the basement space is in its original or utilitarian state. It likely has foundational finishes (e.g., concrete floors, exposed framing/mechanicals) and presents an opportunity for future finishing, but will require a full renovation to become modern living space.
4. How does the 1913 build year affect the home?
A home of this age will have character but will also require diligent maintenance and potentially updates to major systems like wiring, plumbing, and insulation. Its assessed value is notably lower than the city-wide average for comparable homes, which often reflects both the neighbourhood and the age-related considerations.
5. Is the detached garage a standard feature here?
Yes, in this context, a detached garage is a listed feature. For this neighbourhood and property type, it is a practical asset, though its condition and size are not detailed in the provided metrics.