254 Inglewood Street

Property Overview: 254 Inglewood Street

Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1918, presents a compelling blend of historic charm and modern updates within Winnipeg's King Edward neighbourhood. Its key appeal lies in its generous and above-average living space (1,407 sq ft) for the immediate area, paired with a recently renovated basement that adds functional square footage. The home features a detached garage.

The data reveals a nuanced picture: this property is a standout on its own street and within King Edward for its spacious interior, ranking in the top 5% locally for living area. It suits buyers looking for more room than is typical for the neighbourhood without venturing into a large, modern footprint. The lot is compact (2,519 sq ft), which appeals to those seeking lower-maintenance outdoor space while still having a private yard. The assessed value is consistent with the local area, suggesting a fair market positioning.

This home would best suit a practical buyer who values character and space over a large garden, possibly a young family or professional couple seeking established community roots. It’s for someone who appreciates a home that feels larger than its neighbours from the inside, and who is comfortable with the maintenance considerations of a century-old structure that has seen thoughtful updates.

Frequently Asked Questions

1. How does the home’s size compare to others?
With 1,407 sq ft of living area, this home is significantly more spacious than most on Inglewood Street and within the King Edward neighbourhood, ranking in the top 5% locally. It offers more interior room than the typical area home.

2. What should I know about the lot size?
The lot is 2,519 sq ft, which is more compact than the average for the street, neighbourhood, and city. This means lower maintenance but also less private outdoor space than many detached homes.

3. Is the assessed value a good indicator of the price?
The assessed value is aligned with the local area average for King Edward. It’s important to note that assessed value for tax purposes is not a direct appraisal of market value, but it places the home firmly within the context of its immediate community.

4. The home was built in 1918. What does that imply?
As a century-old home, it offers classic character and solid construction. Buyers should budget for and expect the maintenance typical of an older home, while also appreciating the value of the recent basement renovation.

5. How does this property fit within the city context?
City-wide, this home offers an average amount of living space but sits on a smaller-than-average lot. Its value proposition is strongest within its local context—it provides above-average interior space in a neighbourhood where that is a rarity, rather than competing with the broader suburban market.