Property Overview
This one-storey home at 757 Inkster Boulevard is a compact, no-frills property built in 1946. With 717 sqft of living space and an unfinished basement, it sits on a standard city lot of just over 3,300 sqft. The home lacks a garage or pool. Its key appeal lies in its position as one of the most accessible entry points into homeownership in Winnipeg, with a very low assessed value and recent sale price. It suits buyers with a limited budget who prioritize land ownership over the size or condition of the dwelling, or investors looking for a straightforward rental property. A less obvious perspective is that, for its neighbourhood, it's a relatively newer build, and its lot size is typical for the area, offering a blank canvas for future expansion or landscaping where larger lots are uncommon.
Frequently Asked Questions
1. What is the most important thing to know about this home?
The living space is significantly smaller than most homes in the city and even for its street. It is a basic, functional property best seen as a starter home or investment vehicle, not a turn-key family residence.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's small size, age, and basic features relative to the broader Winnipeg market. It is, however, around the average for the Inkster-Faraday neighbourhood itself.
3. Is there potential to increase the living space?
Yes. The existing unfinished basement presents a clear opportunity to add livable square footage. The lot size is also typical for the area, providing room for a potential addition, subject to zoning and permit approvals.
4. What does the sale history indicate?
The home has sold twice in recent years (2016 and 2024) at very modest price points, showing consistent market valuation as an affordable property. The increase between sales is minimal, underscoring its role as a stable, low-cost asset rather than a rapid-appreciation investment.
5. How does this property compare to its immediate neighbours?
The homes directly adjacent are of similar vintage and style, indicating a consistent streetscape. Its assessed value is in line with several other properties across Winnipeg, but it is smaller than the reference homes provided on Lansdowne Avenue.