Property Overview
This one-storey home at 39 Petriw Bay in Winnipeg's Inkster Gardens neighborhood presents a practical and straightforward living opportunity. Its key appeal lies in offering solid fundamentals at a scale that prioritizes manageability over sheer size. The 924 sqft living area is modest but functional, and the recently renovated basement adds valuable, modernized space. A significant characteristic is the land: at 4,701 sqft, the lot is notably larger than most on the street, offering above-average outdoor space for the immediate area. Built in 1978, the home is of a typical vintage for its street but is older than many in the wider Inkster Gardens area.
The property suits first-time buyers seeking an entry point with immediate livability, or downsizers looking for a single-level layout without a large footprint to maintain. Its assessed value positions it as an affordable option within the city, suggesting lower property taxes. The detached garage and generous lot also appeal to those who value space for parking, storage, or gardening more than interior square footage. It’s a home for pragmatic buyers who see potential in land size and updated essentials, rather than those seeking a move-in-ready showpiece or a brand-new build.
Frequently Asked Questions
1. How does the property's size compare to its neighbors?
The living space is compact but on par with other homes on Petriw Bay. Its real advantage is the lot, which is larger than most on the street, offering more private outdoor space.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, permits, or the scope of work are not provided. This is a key detail to verify with the seller or during a viewing.
3. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $35,500 is for municipal tax purposes. The historical sold price data from 2016 (in the $25.5k-$28.5k range) is also outdated. A current market evaluation is needed to determine today's value.
4. The home is noted as older than many in Inkster Gardens. Should I be concerned?
The 1978 build date is typical for its specific street. While it may require more upkeep than a newer home, its systems and structure are likely similar to others in the immediate vicinity, which can be an advantage for finding experienced local contractors.
5. What are the practical implications of the "detached garage"?
It provides secure parking and storage but means dealing with Winnipeg winters by walking between your car and house. Consider the condition of the garage and the walkway in your assessment of convenience and maintenance.