Property Overview: 385 Inglewood Street, Winnipeg

Key Characteristics & Appeal

This two-storey home on Inglewood Street presents a practical and well-positioned offering in Winnipeg’s King Edward neighbourhood. Built in 1976, it is notably newer than most homes on its street and in the wider area, which may appeal to those seeking a property with potentially fewer age-related concerns than the century-old homes common here. The 1,054 sqft living space is above average for both the immediate street and the neighbourhood, providing comfortable room for a small family or couple. A key feature is the renovated basement, adding functional living space. The home includes an attached garage, a valuable asset in this setting.

Its primary appeal lies in its strong positional metrics within a established community. The assessed value of $310k ranks in the top 20% for King Edward, suggesting it is viewed as a solid asset relative to its peers. This isn’t a sprawling property—the lot is modest, especially compared to city-wide averages—but that translates to less exterior maintenance. It would suit first-time buyers or downsizers looking for a move-in ready, low-maintenance home in a central neighbourhood without the premium lot size. It also represents a sensible choice for value-focused buyers who prioritize interior updates (like the basement) and a newer build date over a large yard.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home last sold in March 2021 for an estimated range of $277,500 to $305,000. Its current assessed value of $310k is above that range, indicating a rise in valuation over the past few years, consistent with broader market trends.

2. Is the lot size a disadvantage?
At 2,524 sqft, the lot is smaller than many in the city and even below the neighbourhood average. This means less private outdoor space but also significantly less yard work. It’s a trade-off that suits those preferring low-maintenance living.

3. What does "above average" for year built really mean?
Most homes on Inglewood Street and in King Edward were built in the early 1900s. A 1976 build date means this home is decades newer than many surrounding properties, which can suggest different construction materials, layout styles, and potentially updated core systems.

4. What are the neighbours like?
The nearby properties on Inglewood Street are a mix of styles and eras, typical of a mature neighbourhood. The direct neighbours are similarly sized homes, contributing to a consistent streetscape.

5. How can I find out the exact historical sale price?
The precise sale price is not publicly listed in detail. The listing agent or a real estate professional can obtain this information through official channels, or you can request it directly from the listing source with a manual email inquiry, as noted on the property details.