364 Inglewood Street

Property Overview: 364 Inglewood Street, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1912, presents a classic character property with practical considerations. Its primary appeal lies in its above-average living space (1,310 sq ft) for both its immediate street and the King Edward neighborhood, offering more room than many nearby homes. The property features a detached garage and a full, unrenovated basement, providing storage and potential.

The home suits buyers who value space and location over modern finishes. It’s a pragmatic choice for those comfortable with a home of its vintage, understanding that its age and unrenovated basement imply a focus on maintenance and potential future projects. A thoughtful perspective is its assessed value, which is consistent with its local area but notably below the Winnipeg citywide average, suggesting it may represent a relative value proposition within its established neighborhood, despite the older building and smaller lot size.

Frequently Asked Questions

1. What does "unrenovated basement" typically mean?
It usually indicates the basement is in original or functional condition, lacking finished walls or modern amenities. It’s usable for storage and utilities but may require updates for living space.

2. How does the lot size impact this property?
At 2,516 sq ft, the lot is smaller than most in the area. This means lower maintenance but also limited space for expansions, large gardens, or outdoor structures.

3. The home is older—what should I prioritize in an inspection?
Given its 1912 construction, a thorough inspection of the foundation, roof, wiring, plumbing, and heating systems is essential to understand the condition and any needed updates.

4. The assessed value is much lower than the city average. Why?
Property assessments are based on many factors, including location, lot size, and building characteristics. This assessment reflects the home’s age, smaller lot, and its value within the local market context rather than the city’s newer suburbs.

5. Can I get the exact historical sale price?
Yes, the exact sold price is available by request through the site’s email system, which provides manually verified data from the listed transaction periods.