Property Overview: 2619 King Edward Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and well-maintained property built in 2006, making it notably newer than many homes in the broader Winnipeg area. With 1,033 sqft of living space and a renovated basement, it offers modern, single-level living. The home includes an attached garage and sits on a standard city lot.
Its primary appeal lies in its strong value proposition within its immediate neighborhood. The assessed value ranks significantly above average for King Edward Street itself, suggesting it is a standout, well-kept property on its block. While the living space is compact compared to the city average, it is efficiently designed and above average for its specific street. This creates an attractive scenario for buyers seeking a newer, turnkey home without a premium price tag, particularly those who prioritize low-maintenance living and recent construction over sheer size.
This property would best suit first-time homebuyers, downsizers looking for a manageable single-level layout, or pragmatic investors seeking a modernized rental property in a stable area. It’s for those who value a home’s condition and year-built over having the largest floor plan or lot on the street.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is well above the average for King Edward Street, indicating it is considered a higher-value property on its own block. Within the wider Inkster Gardens neighborhood and city, its assessment is around the average, positioning it as a solid, mid-range offering.
2. Is the living space sufficient for a small family?
At 1,033 sqft, the living area is compact. It is larger than the average home on King Edward Street but below the averages for Inkster Gardens and Winnipeg overall. It would be most comfortable for individuals, couples, or a small family comfortable with efficient space planning.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it adds finished living space, a rental suite, or simply updated utilities and storage.
4. The home sold in 2021. What can that price history tell me?
The sold price range from September 2021 provides a recent market benchmark. Comparing that price to the current assessment and any asking price can offer insight into market trends and the property’s potential appreciation, but should be considered alongside current market conditions.
5. How does the lot size impact potential for expansion or outdoor use?
The lot is approximately 3,794 sqft, which is typical for the street but smaller than many in the city. This means outdoor space is manageable with less upkeep, but may limit possibilities for large additions, decks, or pools. It emphasizes the property’s low-maintenance appeal.