329 Inglewood Street

Property Overview

This 1,054 sqft one-and-three-quarter storey home, built in 1912, sits on a 2,523 sqft lot in Winnipeg's King Edward neighbourhood. Its key appeal lies in its above-average living space for the immediate area and its position as a classic, unrenovated character home. The property suits buyers looking for an affordable entry into homeownership with the vision to personalize a space over time, or an investor seeking a straightforward rental property. Its assessed value is modest compared to the city-wide average, highlighting its location in a more affordable sector of the market.

A thoughtful perspective: while the home ranks below average for its age and lot size city-wide, within its own streetscape it is a fairly typical property. This suggests a neighbourhood with consistent, historic charm rather than an outlier. The appeal is for someone who values the established character of a central community over a newer home on a larger suburban lot.

Key Details & FAQs

What are the key characteristics?
The home is a 114-year-old character property with an unfinished basement and no garage. It offers more living space than many comparable homes on its street and in the King Edward area. The lot is smaller than the city average but typical for the neighbourhood.

Where does its main appeal lie?
Its appeal is rooted in value and potential. It provides more interior space than many nearby homes at a very accessible price point, making it a practical canvas for a buyer willing to take on updates gradually.

Who would this property suit best?
It would suit a first-time buyer or hands-on investor comfortable with a home that needs modernization. It's less suited for someone seeking a move-in-ready property or requiring ample parking and outdoor space.

What is the property's history and value context?
The home last sold between 2016 and 2025. Its assessed value is around average for King Edward but well below the Winnipeg average, firmly positioning it in the city's more affordable market segment.

What should a potential buyer consider?
A buyer should budget for modernizing a 1912 home, consider the lack of a garage for parking and storage, and research the specifics of the unfinished basement. The value is in the structure and location, not in recent upgrades.