Property Overview: 260 Inglewood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one and three-quarter storey home, built in 1918, is a classic character property in Winnipeg's King Edward neighbourhood. With 1,021 square feet of living space, it sits on a modest, manageable lot of 2,519 square feet. The home features a basement, but it is noted as not being renovated, and there is no garage or pool.
Its primary appeal lies in its established location and its position as a relatively affordable entry point into the city's housing market. The data shows that for its immediate street and neighbourhood, the home's size, age, and assessed value are all around the local average, suggesting it fits comfortably within the fabric of the area. For a certain buyer, its 1918 origins offer the charm and solid construction of an older home, without being as rare or high-maintenance as a true century-old heritage property.
This property would best suit a first-time buyer, an investor, or a downsizer looking for a straightforward, no-frills home in a central neighbourhood. It’s a practical canvas: the next owner can choose to update it gradually according to their own taste and budget. A thoughtful perspective is that its smaller lot and average local metrics could be seen as an advantage, offering lower maintenance and property taxes compared to larger plots, while still providing the stability of a well-established community.
Section 2: Frequently Asked Questions
1. What is the actual recent sold price?
While public data shows a sold price range of $32.5k - $35.5k in March 2025, the exact sale price is available upon request from the listing service. This is a common practice to ensure accuracy.
2. What does "basement, not renovated" imply?
This typically indicates the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates and ensure a thorough inspection for moisture, insulation, and foundational integrity common to homes of this era.
3. How does the assessed value relate to market value?
The municipal assessed value of $26.1k is for tax purposes. The recent sold price is a clearer indicator of current market value, which is influenced by factors like condition, interior updates, and market demand not fully captured in the assessment.
4. Is the smaller lot size a concern?
The lot is below average in size for the city, but is closer to the norm for this older, central neighbourhood. This often means less yard work and lower exterior maintenance costs, which can be a practical benefit.
5. What are the implications of the home's age?
Built in 1918, the home will have character but may also have older systems (plumbing, electrical, heating). A pre-purchase inspection is highly recommended to understand the condition and any needed repairs or upgrades to meet modern standards.