Property Summary: 436 St Charles Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glendale is a classic Winnipeg property built in 1946. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,110 sqft footprint. The home sits on a standard-sized lot just under 6,000 sqft and features a detached garage.
The primary appeal lies in its value proposition. The home's assessed value is notably below average for its street, neighbourhood, and the city, suggesting a potentially accessible entry point into the market. This isn't a large or modern home, but it offers solid fundamentals: usable space, a good lot, and recent updates below grade. It would suit first-time buyers, downsizers, or value-focused investors looking for a functional property in a stable neighbourhood without a premium price tag. A thoughtful perspective is that while the home's age and size are below area averages, this also means property taxes are likely proportionally lower, and the renovated basement immediately provides livable space without the buyer's immediate investment.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's characteristics, including its older age (1946), smaller living area, and market trends. It reflects its valuation for tax purposes, which can differ from current market sale prices.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection or inquiry with the seller is necessary to determine the finish quality, permits, and the nature of the renovations (e.g., living space, bedrooms, bathroom).
3. How does the home's age affect maintenance?
Built in 1946, the home is older than most in the area. Prospective buyers should budget for and inspect age-related systems, such as plumbing, electrical, the roof, and the foundation, even with a renovated basement.
4. Is the detached garage insulated or heated?
This detail is not provided. The condition and specifications of the detached garage would need to be verified, as this impacts its utility year-round.
5. The last sold price shown is from 2016. What is it worth now?
The sold price history provided is a range from 2016. Current market value is determined by recent comparable sales, present condition, and market dynamics. For the exact historical sold price and to understand current value, consulting a local real estate professional or requesting the exact data via the provided website function is recommended.