Property Overview
This one-and-a-half storey home on Church Avenue in Inkster-Faraday presents a practical opportunity. Its key appeal lies in offering above-average space for the immediate neighbourhood, with a renovated basement adding functional living area. The detached garage and a nearly 5,000 sqft lot provide valuable utility and space that is less common in newer developments. The home suits first-time buyers seeking a character home with room to grow, or value-focused investors looking for a property with strong rental fundamentals in a established area. It’s a straightforward home that makes sense for those who prioritize interior space and lot size over a newer build or a central city-wide location.
Key Details & FAQs
Key Characteristics:
- Space & Value: With 1,343 sqft of living space, this home is notably larger than many in the Inkster-Faraday area, ranking in the top 13% locally. This is its most compelling feature. The assessed value is also above average for the neighbourhood, suggesting a solid relative value.
- The Setting: The property sits on a generous 4,910 sqft lot, well above the area average, offering ample outdoor space. The home itself, built in 1941, is typical for the street and area in age.
- Practical Appeal: The appeal is grounded in practicality: more indoor and outdoor space than you might expect for the area, coupled with the finished basement and a detached garage. It’s a home for living, not for luxury finishes.
- Ideal Buyer: This property would suit a first-time homebuyer needing room for a family, or a hands-on owner who appreciates the character and space of an older home. It also represents a logical entry point into the Winnipeg market for those comfortable with a home of this vintage.
Frequently Asked Questions:
1. How does this home’s value compare to the rest of Winnipeg?
While its assessed value is above average for the Inkster-Faraday neighbourhood, it is below the city-wide average. This highlights that it offers good value within its specific, established community rather than in comparison to newer or more central suburbs.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. Prospective buyers should inquire about the finish quality, ceiling height, proper egress, and whether it includes a separate entrance or kitchenette, as this significantly impacts its utility and value.
3. Is the detached garage heated or insulated?
This information is not provided. The presence of a detached garage is a plus, but its condition and usability year-round are key practical questions for a Winnipeg climate.
4. What is the neighbourhood of Inkster-Faraday like?
The data shows homes here are typically older (1930s-1940s) and on smaller lots than the city average, but this particular home exceeds those lot size norms. It’s a mature, long-established area where the property offers more space than its immediate peers.
5. Where can I find exact historical sale prices?
The exact sold price history is not publicly displayed. The listing service offers to provide this data manually via email request, with a note that they aim to reply by the end of the same day without using your information for unsolicited marketing.