Property Overview: 1120 Inkster Boulevard, Winnipeg
Key Characteristics & Appeal
This home stands out for its exceptionally generous living space. At 2,352 square feet, it ranks in the top 1% of homes on its street and in the Mynarski neighbourhood for size, offering more than double the average area of nearby comparable properties. Built in 1957, it is notably newer than many homes on Inkster Boulevard. The lot size of 5,416 square feet is also well above average for the immediate area, providing ample outdoor space.
The primary appeal lies in its rarity as a large, well-sized property in a more established neighbourhood. It represents a significant value proposition for buyers seeking space without the premium price tag of newer suburban developments. The assessed value of $421k is elite for the street and neighbourhood, yet sits around the city-wide average, suggesting you are acquiring above-average square footage for a typical Winnipeg price.
This property would best suit buyers who prioritize interior and yard space over a brand-new build. It’s ideal for a growing family, someone who works from home and needs multiple rooms, or an investor looking for a substantial multi-rental property (subject to zoning). It also appeals to those who appreciate mature neighbourhoods and are prepared for the maintenance or updates that come with a home of this age.
Frequently Asked Questions
1. Why is the assessed value so high for the street and neighbourhood?
The assessed value reflects the property’s substantial physical attributes—specifically its very large living area and lot size—compared to its immediate peers. It is valued as a top-tier property within its local context.
2. What does the sale history indicate about the property’s market?
The home sold in 2021 for between $400k-$450k and previously in 2017 for $350k-$400k. This shows consistent appreciation and suggests it has held its value as a sizable property in the area, even through different market conditions.
3. Are there any potential concerns with a house built in 1957?
While newer than many homes on the street, a 69-year-old home will likely require diligent maintenance. Prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider an inspection to evaluate its current condition.
4. How does the lot size compare to the rest of the city?
While the lot is large for Inkster Boulevard and Mynarski, it is slightly below the city-wide average. This indicates the home’s appeal is more focused on its interior space rather than an exceptionally large yard by broader Winnipeg standards.
5. How can I get the exact past sale prices?
The site provides sold price ranges publicly. Due to industry rules, exact sale figures are not displayed online. You can request the exact history via email through the site’s provided form, and they will send it to you manually.