Property Overview: 625 Machray Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Machray Avenue in the Inkster-Faraday neighbourhood presents a classic Winnipeg character home built in 1913. Its key features include 1,352 sqft of living space, a renovated basement, and a detached garage. The home sits on a 4,023 sqft lot.
The primary appeal lies in its strong positioning within its immediate area. For the Inkster-Faraday neighbourhood, this home is above average in both size and assessed value, offering more space than most local comparables. It represents a solid, established property in a community context. The renovated basement adds functional, modernized space to the historic structure.
This property would best suit a practical buyer who values neighbourhood standing and character over a newer build. It’s ideal for someone looking for a home with good relative space in the area, who is comfortable with the maintenance considerations of a century-old house, and who may prioritize functional updates (like the basement) over a full modern renovation. It's a home for those who see value in a property that stands out positively within its own community rather than just on a city-wide scale.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
Within the Inkster-Faraday neighbourhood, this home ranks above average for both living area and assessed value. It offers more interior space than about 88% of comparable homes in the area, making it a relatively spacious option locally.
2. What should I know about the age of the home?
The house was built in 1913. While this grants character, it’s important to factor in potential maintenance needs for older systems like plumbing, electrical, and the foundation, which should be clarified through a thorough inspection.
3. Is the lot size typical?
The lot is 4,023 sqft. It is slightly below the average for Machray Avenue itself but is very close to the average lot size for the broader Inkster-Faraday neighbourhood, making it standard for the community.
4. What is the recent sales history?
The home sold previously in August 2016. The exact sale price is available upon request from the listing source, but public data indicates a range at that time.
5. How does its value compare city-wide?
City-wide, the home’s assessed value is below the average benchmark. This highlights a key perspective: its value and appeal are more closely tied to its strong standing within its specific neighbourhood rather than city-wide averages, which can be influenced by very different housing markets in newer suburbs or more affluent areas.