286 Inglewood Street

Property Overview: 286 Inglewood Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Inglewood Street is a compact, no-frills property built in 1918. With 672 square feet of living space and a standard 2,518 sqft lot, it sits below average in size for its street, neighborhood, and the wider city. It features a basement that has not been renovated and does not include a garage or pool.

The primary appeal lies in its affordability and location within Winnipeg's King Edward neighborhood. Its assessed value is modest and around average for the immediate area, suggesting a lower entry point compared to the city-wide market. This is a straightforward property that suits specific buyers: first-time purchasers seeking an affordable foothold, investors looking for a rental property with manageable overhead, or downsizers who prioritize minimal upkeep and cost over space. A thoughtful perspective is that its smaller scale and older character might appeal to someone seeking a simpler, more efficient lifestyle without the burden of extensive modern renovations already in place.

Section 2: Frequently Asked Questions

1. Is the price negotiable?
Recent sold price data for the property and comparable homes on the same street is provided. This history shows a range, indicating the market's activity and giving a grounded basis for discussion.

2. What would the property taxes be?
Taxes are calculated based on the assessed value, which is currently $22,100. You can use the City of Winnipeg's mill rate to estimate annual taxes.

3. What is the condition of the major systems (roof, wiring, plumbing)?
As a home from 1918, a professional inspection is highly recommended to evaluate the age and condition of these critical components, especially since the basement is noted as not being renovated.

4. How does the smaller living space compare to the neighborhood?
The home's living area is smaller than most on its street and in King Edward. This is reflected in its pricing and may mean fewer maintenance demands, but it also limits room for growth for a larger household.

5. Can I get the exact historical sold prices?
The exact sold prices are not publicly listed in detail. The listing service offers to provide this precise data via email upon request, which can be helpful for making a finely tuned offer.