Property Overview: 268 Inglewood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1918, is a classic character property in Winnipeg's King Edward neighbourhood. With 993 sqft of living space and a renovated basement, it offers a practical footprint. Its key appeal lies in its context: while its size and assessed value are below the city-wide average, they are generally on par with or better than many immediate neighbours on Inglewood Street and within the King Edward area. This presents a grounded entry point into a mature community.
The property suits first-time buyers, downsizers, or practical investors looking for character without a premium price tag. Its lot size (3,778 sqft) is notably above average for the street, offering valuable outdoor space potential in an established area. The home’s recent sale history (last sold in late 2021) and renovated basement suggest it has been maintained with modern living in mind. A thoughtful perspective for buyers is to recognize that its below-city-average metrics are not a drawback here, but rather reflect the affordable, close-knit nature of the neighbourhood—you’re investing in community over square footage.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $18,600k is for tax purposes and is significantly below recent city-wide sale averages. Market conditions, the home’s updated features, and neighbourhood demand will determine the final price.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or rental potential.
3. How does this home compare to others on the street?
The data shows this home is competitively positioned on its own street. Its living area is above the street average, and its lot size is in the top third. This indicates you get a relatively spacious property for Inglewood Street.
4. With no garage, what are the parking options?
The listing notes no garage. Buyers should verify on-street parking regulations, the potential to add a driveway or parking pad on the larger-than-average lot, and typical parking availability in the area.
5. The home is over 100 years old. What should I be mindful of?
While the basement has been renovated, a home from 1918 will have an older structure. A thorough inspection is essential to understand the condition of the foundation, original plumbing and electrical systems, insulation, and the roof. The recent renovation is a positive sign of upkeep.