19 Findlay Place

Property Summary: 19 Findlay Place, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Inkster Gardens presents a practical and straightforward living opportunity. Its key characteristic is a renovated basement, adding valuable finished space to the 1,115 sqft layout. Built in 1986, the house is notably newer than many in Winnipeg, which can suggest more modern construction standards and potentially lower immediate maintenance needs than older city homes.

The appeal lies in its efficiency and data-backed context. The living area is spacious for its immediate street, ranking in the top 7% of Findlay Place. While the lot is smaller than others on the street, it is close to the average for the Inkster Gardens neighbourhood, offering a manageable yard. The recent sale price and assessed value are significantly below the citywide average, positioning this as an accessible entry point into the market. It suits first-time buyers or pragmatic investors looking for a turn-key, low-maintenance property without a large upfront investment. It may also appeal to those downsizing who prefer single-level living and a recently updated space, but who don't require a large garage or extensive lot.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, whether it includes a legal secondary suite or additional bedrooms, and if any permits were obtained for the work.

2. How does the lack of a garage affect daily life and property value?
There is no garage, only off-street driveway parking. This is a common feature in the area. Buyers should consider the impact of street parking in winter and assess the cost and feasibility of adding a garage or carport in the future, should they need one.

3. The assessed value seems low. Does that mean the taxes are low?
Yes, the assessed value of approximately $35,100 is well below the city average. Property taxes are calculated based on this assessment, so they should be relatively low, which is a definite financial advantage for the homeowner.

4. The home is "newer" for Winnipeg. What are the pros and cons of a 1986 build?
Pros include potentially better insulation, wiring (like aluminum may be less likely), and plumbing standards than pre-1970s homes. Cons are that major components, like the roof, windows, or furnace, may be nearing the end of their typical lifespan and could require replacement sooner than in a newer build.

5. The lot is smaller than others on the street. Is that a major drawback?
It depends on your priorities. The lot is about average for the wider neighbourhood. It means less yard maintenance, which is a plus for some, but less private outdoor space and limited potential for expansions like a large addition or detached workshop. It's a trade-off that contributes to the home's affordability.