Property Overview

38 Mcinnes Place is a one-and-a-half storey home in Winnipeg's Inkster Gardens neighbourhood. Built in 1984, it features 1,247 sqft of living space, a renovated basement, and a detached garage on a 4,438 sqft lot. Recent sales data shows it sold in early 2024.

Key Characteristics & Appeal

This home presents a practical, no-frills opportunity in the market. Its primary appeal lies in being a functional, entry-level property with recent updates where they count—specifically in the basement. The detached garage adds valuable utility for storage or vehicle protection. The lot size, while below average for its immediate street, is fairly standard for the broader area and offers manageable outdoor space.

It stands out for its assessed value, which is notably low compared to many neighbours, potentially indicating a lower property tax burden. However, the recent sale price aligns more closely with city-wide averages, suggesting the market recognizes its updated condition. This property would suit first-time buyers or practical investors looking for a solid, renovated canvas in a stable neighbourhood without premium lot size being a priority. It’s a home that offers modern living essentials in a mature community, appealing to those who value interior updates over expansive yard space.

Frequently Asked Questions

1. How does the property's value compare to the area?
The home's assessed value is below average for both its street and the Inkster Gardens area, which can mean lower property taxes. Its recent sale price, however, was around the city-wide average, reflecting its renovated condition and market demand.

2. Is the lot size a concern?
The lot is smaller than most on Mcinnes Place but is typical for the wider Inkster Gardens neighbourhood. It provides adequate outdoor space for gardening or recreation without the maintenance of a larger yard.

3. What does "renovated basement" typically include here?
While specifics should be verified, a renovated basement in homes of this era often means updated finishes, a legal egress window, and conversion into livable space such as a family room or additional bedroom.

4. How does the living space compare to nearby homes?
At 1,247 sqft, the living area is very close to the average for both the immediate street and the city overall, offering a standard amount of space for a family.

5. What is the significance of the home's age (built 1984)?
Constructed in 1984, the home is newer than the Winnipeg city average. This often means building materials and systems (like wiring and plumbing) are more modern, though key components like the roof and furnace may still be due for inspection or replacement given the home's age.