Property Overview: 436 Inglewood Street, Winnipeg
Key Characteristics & Appeal
This 768 sqft one-storey home, built in 1952, sits on a 3,777 sqft lot in the King Edward neighbourhood. Its key appeal lies in its strong value proposition within its immediate area. While the living space is modest and below the local average, the property’s assessed value ranks well above average for both Inglewood Street and the wider King Edward area. This suggests a perceived value that outpaces many direct neighbours, potentially due to its renovated basement and detached garage. The home is not a citywide standout in size or lot, but it represents a grounded, affordable entry into the Winnipeg market with a practical footprint.
The property would suit first-time buyers or downsizers seeking a manageable, single-level home without a major renovation project. Its above-average standing on its street indicates it could be a prudent choice for a value-conscious buyer who prioritizes financial fundamentals and neighbourhood stability over sheer square footage. The renovated basement adds functional space, making it a practical fit for those who need a home office, hobby room, or extra storage but don’t require a large main floor.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal tax valuation, not a market price. This home’s assessed value ranks highly for the area, but the final sale price will be determined by current market conditions, the home’s condition, and buyer demand.
2. Is the living area too small?
At 768 sqft, the main living area is compact. However, the renovated basement provides additional usable space. This layout suits those looking for a efficient, low-maintenance home rather than a spacious one.
3. What does the "above average" ranking for the street actually mean?
It means this property’s assessed value is higher than most homes on Inglewood Street. This could be due to factors like the renovated basement, overall condition, or lot specifics, suggesting it is one of the better-maintained homes on the block.
4. What is the King Edward neighbourhood like?
King Edward is an established, central Winnipeg neighbourhood. The data shows homes here typically have smaller lot and living areas compared to the citywide average, indicating a mature, community-focused area with older, character homes.
5. Where can I find the exact historical sold prices?
Exact sold prices are not publicly displayed in detail here. The listing service offers to provide this information directly via email upon request, as noted in the property details.