Property Overview: 308 Inglewood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2017, stands out in Winnipeg's King Edward neighbourhood for its modern foundation in a historic area. Its primary appeal lies in being a relatively new, low-maintenance property with a renovated basement, offering a move-in-ready experience uncommon on a street where most homes are decades older.
The 1,278 sqft living space is notably above average for both the immediate street and the broader neighbourhood, providing generous room for a small family, couple, or professional. A thoughtful perspective is that while the land parcel is smaller than area averages, this translates to less yard upkeep—a potential benefit for buyers seeking a more lock-and-leave lifestyle without sacrificing interior space. The home’s assessed value ranks in the top tier locally, reflecting its premium position on the street.
This property would best suit buyers who prioritize modern construction and efficient use of space over a large traditional yard. It’s ideal for those wanting character of an established neighbourhood without the renovation projects typical of older homes, or for an investor attracted by the strong assessed value and newer building systems that may reduce immediate capital costs.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below the neighbourhood average, the lot is still a standard city size. The trade-off is less private outdoor space but also reduced maintenance. The premium is placed on the newer, spacious interior.
2. The assessed value seems high for the area. Why?
The assessment reflects the home’s modern year of construction (2017) and above-average living area compared to its immediate peers. It ranks in the top 5% on its street, indicating it is considered a premium property in that specific context.
3. What is the typical home like in this area?
King Edward is a mature neighbourhood with many homes built in the early 1900s. This 2017 build is a notable exception, offering newer plumbing, electrical, and insulation compared to most surrounding properties.
4. Is there parking or a garage?
The listing indicates no garage. Prospective buyers should investigate on-street parking regulations or the potential for a driveway.
5. The home sold in 2017. What does the price history indicate?
Public data shows a sale in March 2017 in the $26.5k-$29.5k range. This was likely near its initial construction. The current assessed value of $36.4k suggests significant growth in valuation since that first sale.