Property Overview: 2575 King Edward Street, Winnipeg
Section 1: Key Characteristics & Appeal
This single-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2006, it is notably newer than many homes in its immediate area and across Winnipeg, suggesting updated construction standards and potentially lower immediate maintenance needs. The 1,005 sqft living space is efficiently sized, and the home features a renovated basement and an attached garage.
Its primary appeal lies in its balance of modernity and value. The assessed value is strong for its specific street, ranking in the top 13% locally, indicating it is viewed favorably relative to its closest neighbors. This creates an interesting dynamic: you get a newer, well-regarded home on a lot that is more modest in size compared to the neighborhood and city averages. This suits buyers looking for a manageable, low-maintenance property without sacrificing the benefits of a newer build. It would be ideal for first-time homeowners, downsizers, or investors seeking a modern rental property. A thoughtful perspective is that the smaller lot could be a feature, not a drawback, for those who prefer less yard work, while the newer build offers energy efficiency and system longevity that older, larger homes in the same price bracket may not.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Yes, based on assessed value. The home ranks in the top 13% on King Edward Street, meaning its official valuation is significantly higher than the street average. This often reflects the home's newer construction (2006) compared to the area's older average build year.
2. How does the living space compare to the neighborhood?
The living area is 1,005 sqft, which is below the average for the broader Inkster Gardens neighborhood. This indicates the home is more compact than many in the area, contributing to its manageable scale.
3. What is the lot size like?
The lot is 3,796 sqft. This is below average for both the neighborhood and the city, meaning the yard space is more limited. This is a trade-off for the newer home and may appeal to those seeking lower outdoor maintenance.
4. How old is the home relative to others in Winnipeg?
Built in 2006, this home is significantly newer than the Winnipeg city-wide average. It ranks in the top 14% for year built, making it a relatively modern property in the broader market context.
5. Where can I find the exact historical sale price?
The exact sold price history is not publicly displayed in the data. You can request the precise figures by emailing the provided service, which manually supplies this information without using your email for unsolicited marketing.