Property Overview: 674 Church Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1950, is a practical and straightforward property in the Inkster-Faraday neighbourhood. With 1,161 sqft of living space, it offers a functional layout typical of its era and sits on a modest 3,073 sqft lot. The home features a detached garage and an unrenovated basement, presenting a classic "as-is" canvas.
Its primary appeal lies in its value and position as a solid entry-point into the Winnipeg market. The assessed value of $220k is notably below the citywide average, making it an accessible option. For the neighbourhood, the home is actually above average in terms of its year of build, meaning it could be newer than many surrounding properties—a less obvious advantage that might mean fewer immediate updates. It would suit first-time buyers, investors looking for a rental property, or practical homeowners comfortable with a home that offers good fundamentals without high-end finishes. The appeal is grounded in utility and potential rather than immediate luxury.
Frequently Asked Questions
1. Is the basement finished or usable for living space?
No, the basement is noted as being unrenovated. It provides valuable storage and utility space but would require investment to be converted into a finished living area.
2. How does the property’s value compare to the area?
The home’s assessed value is around average for the Inkster-Faraday neighbourhood but is significantly below the average assessed value across the entire city, highlighting its affordability within Winnipeg.
3. What is the significance of the home being built in 1950 for this area?
While 1950 is an average build year for its specific street, it is actually above average for the wider Inkster-Faraday neighbourhood. This suggests the home may be structurally newer than many in the area, potentially implying newer core systems.
4. The lot size seems small. Is that a concern?
The lot is below average in size for both the street and the city. This means lower maintenance and yard work, which can be a benefit for some, but offers less private outdoor space for gardening or expansion.
5. Where can I find the exact historical sale price?
The listed sale history shows a range. To obtain the precise sale price, you must request it directly via the email service provided on the listing page. The data is manually verified and provided without marketing spam.