Property Summary: 715 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Inkster-Faraday presents a practical opportunity centered on its renovated basement and detached garage. With 1,103 sqft of living space, it offers more room than many comparable homes on its street and in the immediate area. Its core appeal lies in being a functional, no-frills property where the essential updates have been addressed. The renovated basement adds valuable finished space, while the detached garage provides utility and storage.
The home would suit first-time buyers or practical investors looking for a straightforward entry into the market without major immediate renovation projects. Its assessed value is very modest compared to the Winnipeg citywide average, indicating a potentially lower property tax burden. A thoughtful perspective is that while the lot is smaller than average, this can translate to less exterior maintenance—a plus for buyers seeking simplicity. The 1911 build date suggests classic character, but buyers should be prepared for the upkeep that comes with an older home.
Frequently Asked Questions
1. How does the property's size compare to the neighborhood?
The living area is above average for Atlantic Avenue and the Inkster-Faraday area, offering more interior space than many direct comparables.
2. What does the assessed value indicate?
The assessed value is significantly below the Winnipeg citywide average, which typically correlates with lower annual property taxes. It is in line with averages for the immediate street and neighborhood.
3. Is the lot size a concern?
The land area is smaller than most lots on the street and in the city. This limits expansive outdoor space but also reduces yard maintenance responsibilities.
4. What should I consider about the age of the home?
Built in 1911, the home is older than most in the area. While the basement has been renovated, the overall structure and core systems are over a century old and should be thoroughly inspected.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold price history is available by request via email from the listing service, which provides the figures manually without marketing spam.