Property Overview
This one-and-a-half storey home at 370 Inglewood Street in Winnipeg's King Edward neighbourhood presents a solid, renovated opportunity on a good-sized lot. Its key appeal lies in offering above-average space and value within its immediate area, making it a practical choice rather than a luxury statement.
Key Characteristics & Ideal Buyer
The home’s 1,312 sqft of living space is notably larger than most on its street and in the King Edward area, placing it in the top 10% locally. It features a renovated basement and a detached garage. Built in 1953, it is newer than many neighbouring homes. The 4,026 sqft lot is also more generous than typical local parcels. However, its assessed value is modest, positioning it as a more affordable option within the city context.
Its primary appeal is space and value within a established community. It suits first-time buyers or practical investors looking for a home with room to grow, without the premium price tag of newer subdivisions. A thoughtful perspective is that this property represents a "value anchor" in its micro-area—you get more house and land for your dollar here compared to the immediate surroundings, though city-wide metrics are more average. It’s ideal for someone prioritizing interior space and lot size over a brand-new build or a central city-wide location.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
It is significantly larger than average for both Inglewood Street and the wider King Edward area, ranking in the top 7% and 9% respectively for living area.
2. What is the significance of the assessed value?
At $29,800, the assessment is above average for the local area but below the city-wide average, suggesting it may offer relative value within its established neighbourhood.
3. Has the basement renovation been permitted?
Prospective buyers should verify with the seller or city records if the basement renovation was completed with the proper permits to ensure all work is to code.
4. What is the typical lot size in this area?
The lot at 4,026 sqft is above average for Inglewood Street. Many comparable local lots are closer to 3,300-3,800 sqft, so this property offers more outdoor space.
5. How can I find out the exact historical sale price?
The listed sale price range is based on public data. You can request the exact sold price history by emailing the site via the provided button; they provide this detail manually without using your email for marketing.