Property Overview: 456 Garlies Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1940, presents a straightforward opportunity in Winnipeg's Inkster-Faraday neighbourhood. Its key characteristic is its modesty: at 800 sqft of living space with an unrenovated basement and no garage, it is a compact, no-frills property. The lot size is a manageable 3,001 sqft, typical for the immediate area.
The appeal lies primarily in its position as an accessible entry point into the housing market. With an assessed value significantly below the city-wide average, it represents a low-barrier option for first-time buyers or investors seeking a rental property. A thoughtful perspective is that its 1940 build date is actually newer than many homes on its street and in the neighbourhood, suggesting potentially fewer immediate concerns related to very old infrastructure. It suits buyers comfortable with a project, whether that's living simply while saving for future renovations, or an investor looking for a functional rental with baseline utilities. It is not suited for those requiring modern finishes, ample space, or extensive amenities.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
While the basement is noted as unrenovated, the home appears to be a functional, lived-in property. It's more accurately described as a basic home that allows for gradual updates rather than a full-scale renovation project.
2. Why is the assessed value so much lower than the city-wide average?
This reflects the home's smaller size, age, and the generally more affordable market in the Inkster-Faraday area compared to Winnipeg as a whole. The assessment is in line with similar properties nearby.
3. What are the implications of having no garage?
Parking will be on-street. This is common for homes of this era in the area, but it's an important consideration for vehicle owners, especially during Winnipeg winters.
4. How does the 1940 build year compare to the neighbourhood?
This home is actually newer than the average house on its street and in the wider neighbourhood. This could be a slight advantage, potentially indicating updates to original systems in the past or somewhat newer construction materials.
5. Where can I find the exact historical sale prices?
The exact sold price history is not publicly displayed. You can request this detailed information directly via the email link provided on the listing page; the service aims to provide the data manually by the end of the same day.