Property Overview: 1194 Inkster Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Inkster Boulevard in Mynarski presents a compelling profile defined by its substantial lot and strong assessed value relative to its immediate area. Built in 1959, the 1,051 sqft house sits on a notably large lot of over 5,500 sqft, which ranks in the top 4% of properties on its street. This generous outdoor space is a standout feature, offering significant potential for gardening, expansion, or simply more private yard space than most neighbouring homes provide.
The primary appeal lies in its valuation context. With an assessed value of $362,000, it ranks in the elite top 1% on its street and top 5% in the Mynarski area, suggesting it is perceived as a higher-quality asset within its local market compared to nearby peers. This indicates a property that may offer more value, better condition, or more desirable features than many around it. However, its living space is more modest and squarely average for the neighbourhood, meaning the value is likely attributed to the land, condition, or specific upgrades rather than sheer size.
This property would suit a practical buyer looking for a solid footprint in a mature neighbourhood. It’s ideal for someone who values a larger yard over a larger house, or for an investor or homeowner who recognizes the advantage of owning one of the more highly assessed properties on the block—a factor that can contribute to stability. It may also appeal to those considering future additions, where the lot size provides a clear advantage.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessment ranks in the top 1% for Inkster Boulevard, meaning it is officially valued significantly higher than the street average of ~$254k. This typically reflects a combination of the large lot size, the home's condition, any improvements, and its overall market position relative to direct neighbours.
2. How does the home's size compare to others in Winnipeg?
With 1,051 sqft of living area, the home is slightly above average for the Mynarski area but below the Winnipeg city-wide average. It offers a comfortable, mid-sized layout that is common in its immediate neighbourhood.
3. What does the lot size mean for me?
At 5,563 sqft, the lot is substantially larger than most on the street (top 4%). This provides more outdoor space for recreation, gardening, or potential future projects like a shed, deck, or expansion, which is a key advantage in an older neighbourhood.
4. The home was last sold in mid-2020. What was the price?
Publicly available data indicates the sale price was in the CA$300,000–$350,000 range. For verified, exact historical sale figures, a manual lookup through the site is required.
5. Is a 1959-built home a concern?
While 67 years old, the build year (1959) is actually newer than many homes on the street and in the area, ranking in the top 4%. This suggests it may have more modern construction elements than many neighbouring properties, though a thorough inspection is always recommended to understand its specific condition.