Property Overview: 584 Church Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Inkster-Faraday presents a straightforward, no-frills opportunity. Built in 1944, it offers 884 sqft of living space with an unfinished basement and a detached garage on a 4,535 sqft lot. The data suggests a home that is modest in scale, with a living area below averages for both its street and the wider city.
Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, underscored by a relatively low assessed value. The lot size is a notable positive for the immediate area, offering above-average outdoor space for the neighbourhood. This property would suit a practical, value-conscious buyer—perhaps a first-time purchaser comfortable with a home that may require updates, or an investor looking for a rental property with a manageable footprint. It’s a home that trades modern finishes and size for lot potential and affordability, appealing to those who see value in the land and a solid, simple structure.
Frequently Asked Questions
1. Is this a "fixer-upper"?
The listing notes the basement is "not renovated," and the home is 82 years old. Buyers should anticipate typical maintenance and potential updates for a house of this age, rather than move-in-ready perfection.
2. How does the assessed value relate to the likely selling price?
The assessed value is a municipal figure for tax purposes and is notably lower than city-wide averages. It does not directly set market price, but it indicates a historically lower tax base. The final sale price will be determined by current market conditions.
3. The living space seems small. How does the layout work?
At 884 sqft, the living area is compact. The "one & 1/2 storey" design often means main-floor living areas with bedrooms or additional space on a second, potentially sloped-ceiling floor. Viewing the floor plan is essential to understand the flow and functionality.
4. What are the advantages of the lot size?
At over 4,500 sqft, the lot is larger than many in the Inkster-Faraday area. This provides valuable extra outdoor space for gardening, recreation, or future additions like a shed or deck, which can be a rarity in this price segment.
5. What does the sold price history tell us?
The last recorded sale was between 2016-2017. While this gives a historical benchmark, it does not reflect the last 8-9 years of market changes. For a current valuation, consultation with a local real estate professional and a review of very recent comparable sales is necessary.