Property Overview: 850 Inkster Boulevard, Winnipeg
Key Characteristics & Appeal
This 832 sqft home, built in 1924, presents a practical opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its generous 5,003 sqft lot, which is notably larger than most on its street and in the immediate area, offering valuable outdoor space and potential. The assessed value of $275k is very much in line with local neighborhood averages, positioning it as an affordable entry point into the city’s housing market, especially when compared to the significantly higher Winnipeg-wide average.
The home’s living area is compact, ranking below average at every comparison level, which suggests it is best suited for a first-time buyer, downsizer, or an investor seeking a manageable property. Its century-old character comes with the understanding that updates and maintenance are part of the journey. Recent sale history shows substantial appreciation between 2020 and 2022, indicating active market interest. This property suits a hands-on buyer who values land size over interior square footage and is comfortable with a home that offers a solid foundation rather than modern finishes.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 832 sqft, the living area is below the average for the street, neighborhood, and city. It’s a compact home, with the trade-off being a larger-than-average lot size for the area.
2. Is the assessed value a good indicator of the likely selling price?
The $275k assessment is around the neighborhood average. Recent sale data shows a significant price increase between 2020 and 2022, so the current market value may be influenced by broader market trends and the property’s unique lot size.
3. What should I consider about a home built in 1924?
A home of this age likely has character but may require attention to older systems like wiring, plumbing, and insulation. It’s wise to budget for updates and ensure a thorough inspection.
4. How does the lot size benefit a buyer?
The 5,003 sqft lot is a standout feature, ranking in the top 17% on its street. This provides ample yard space, room for gardening, parking, or future expansion like a shed or deck, which is uncommon for homes at this price point in the area.
5. Where can I get verified historical sale prices for this property?
The site provides estimated sold price ranges. For fully verified and exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.