Property Overview & Appeal
This well-maintained one-storey home in Inkster Gardens offers a practical and comfortable living space on a generous, mature lot. Its key characteristics include a renovated basement, a detached garage, and 1,273 sqft of living area in a 1983-built structure. The appeal lies in its established neighbourhood setting, the value-add of a finished lower level, and a lot size that ranks well above average for its street. The home presents a solid, move-in-ready option that avoids the premium of newer construction while offering more space than many contemporary infill properties.
It would suit first-time buyers seeking a manageable single-level layout, downsizers looking for a low-maintenance home with room for hobbies or guests in the basement, or value-oriented investors attracted by the renovated condition and stable neighbourhood metrics. A thoughtful perspective is that while the home's age ranks in the older third locally, this often correlates with larger lot sizes and established greenery—a trade-off that appeals to those prioritizing outdoor space over newer building systems.
Frequently Asked Questions
1. How does the assessed value compare to the likely listing price?
The assessed value is $380k, which is a municipal valuation for tax purposes. Listing prices are typically set in relation to recent sale prices of comparable homes, which can be higher or lower than the assessed amount. The provided comparable listings with similar assessed values can serve as a starting point for market research.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the finish, ceiling height, permits, and whether it includes a bathroom or secondary living space to fully understand its value and functionality.
3. Is the property in a flood zone or are there any major upcoming special assessments?
This is not indicated in the provided data. Due diligence should include checking with the city for any planned infrastructure projects or local conservation district regulations that could affect the property.
4. The home is older than many in the neighbourhood. Should I be concerned?
Built in 1983, the home is older than 81% of properties in Inkster Gardens. This isn't inherently a concern but shifts the focus to the maintenance and updating of key components. A pre-purchase inspection would be crucial to evaluate the roof, windows, foundation, and major mechanical systems like heating and plumbing.
5. How does the detached garage impact utility, especially in winter?
A detached garage offers flexibility but requires going outside to access your vehicle. For some, this is a minor inconvenience; for others, it's a significant factor in Winnipeg's climate. Consider if the garage is heated, its proximity to the house, and whether the driveway allows for convenient parking.