Property Overview

This one-and-a-half storey home on Garlies Street is a classic Winnipeg character property built in 1926. With 1,069 sqft of living space and a 3,001 sqft lot, it sits comfortably within the averages for the Inkster-Faraday neighbourhood. The home features a detached garage and an unrenovated basement, presenting a straightforward, no-frills canvas. Its assessed value is notably below the citywide average, reflecting both its age and the local market context. The last recorded sale was in the fall of 2021.

Key Characteristics & Appeal

The primary appeal of this property lies in its position as an affordable entry point into the Winnipeg market, particularly within a neighbourhood where its size is typical. It suits a first-time buyer, an investor looking for a rental property, or someone seeking a modest home without the premium of a recently built structure. Its unrenovated basement and older character mean it’s well-suited for a buyer comfortable with gradual updates or who prefers to avoid the inflated price of a fully modernized home.

A less obvious perspective is its statistical standing: while its assessed value is low citywide, it is actually quite typical for its immediate area. This suggests you are buying into a consistent, established community rather than an outlier. The lot size, while smaller than newer suburban standards, is above average for the street, offering relatively more outdoor space than some direct neighbours.

Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. The assessment is very much in line with similar homes on the same street and in the Inkster-Faraday area. It primarily indicates a older home in a neighbourhood with values below the city's overall high average.

2. What does "unrenovated basement" imply?
It means the basement space is functional but has not been modernized or finished to current standards. It offers utility and storage space but will likely lack updated aesthetics, insulation, or moisture management systems common in recent renovations.

3. How does the living space compare to nearby homes?
At 1,069 sqft, it provides slightly more space than the average home on Garlies Street (~996 sqft) and is very close to the neighbourhood average. It is a comfortably sized home for the area, not feeling disproportionately large or small.

4. What is the significance of the 2021 sale price range?
The listed range (16.5k-19.5k) is based on public data. For the exact sale price, you must request it directly from the site. This historical data point is useful for understanding recent market activity on the property, but the current value would be influenced by market conditions since then.

5. Who might this property not suit?
It may not suit buyers seeking a move-in-ready home with modern finishes, those requiring a large city-sized lot, or anyone uncomfortable with the maintenance considerations of a century-old structure. It is a pragmatic choice rather than a luxury one.