Property Overview
This one-and-a-half storey home at 655 Polson Avenue in Winnipeg’s Inkster-Faraday neighbourhood presents a practical opportunity. Built in 1946, it features 1,170 sqft of living space and a renovated basement, situated on a standard city lot with a detached garage. The data suggests its primary appeal is rooted in value and relative standing within its immediate area. While its size and assessed value are around average citywide, they rank notably higher when compared specifically to other homes on Polson Avenue and within the Inkster-Faraday community. This indicates you may get more house for your dollar here than in many other Winnipeg neighbourhoods.
The home would suit first-time buyers or practical investors looking for an entry point into the market with a move-in ready basement. It also appeals to those who prioritize the character and established feel of a post-war home and value a sense of space relative to their immediate neighbours. A less obvious perspective is that its "above average" standing locally, paired with a below-average citywide assessment, could represent a balance of community livability and manageable property taxes.
Frequently Asked Questions
1. How does this home really compare to others in the area?
The data shows that for living space and assessed value, this home ranks in the top 30% within the Inkster-Faraday neighbourhood, meaning it is larger and has a higher assessment than most comparable local homes. On its own street, it's in the top 26% for size.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the selling agent regarding the finish, ceiling height, permitted uses, and whether it includes a separate entrance or bathroom.
3. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value for municipal taxes is $25,400. The last recorded sale was in late 2019 for an estimated $23,500-$26,500. The current market price will be determined by recent sales, condition, and demand.
4. What are the implications of a home built in 1946?
While offering classic character, it’s important to investigate the age and condition of major systems (roof, wiring, plumbing, windows) and insulation. The renovated basement is a positive, but the main structure is 80 years old.
5. How can I get the exact historical sale prices?
The exact sold prices are not published publicly. As noted on the detail page, you can request this information by email from the site provider, who manually supplies the data without using your email for marketing.