Property Overview: 413 Inglewood Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the King Edward neighbourhood presents a straightforward, no-frills opportunity. Built in 1918, its 886 sqft living area and 2,522 sqft lot are modest in size, placing it around or below the local averages for the street and area. The home features a detached garage and an unrenovated basement. Its assessed value is notably lower than the citywide average, reflecting its scale and vintage.

The primary appeal lies in its positioning as an affordable entry point into the Winnipeg market, particularly within a mature, established neighbourhood. It suits practical buyers looking for a starter home or a long-term hold with renovation potential. A thoughtful perspective is that its "below average" citywide metrics are actually a strength for the right buyer: they indicate a lower property tax base and a manageable footprint, offering a lifestyle of simplicity without the premium of larger, modern homes. It’s a property for someone comfortable with a home’s honest history, seeing the unrenovated spaces as a blank canvas rather than a drawback.

Section 2: Frequently Asked Questions

1. Is this a small house?
Yes, at 886 sqft, the living area is compact. It is close to the average size for Inglewood Street itself but is considered below average when compared to the entire city of Winnipeg.

2. What does "below average" assessed value mean?
The home’s assessed value is lower than most homes in Winnipeg. This typically results in lower municipal property taxes, which is a financial advantage, but it also reflects the home’s age, size, and condition relative to the broader market.

3. What is the potential for this property?
The unrenovated basement and the home’s vintage offer clear potential for updates and customization. The lot, while smaller than many in the city, provides the outdoor space typical of the neighbourhood. Its value could be enhanced through strategic modernizations.

4. How does it compare to nearby homes?
Based on available data, this home is very typical for Inglewood Street and the King Edward area in terms of age and living space. Its assessed value and land size are somewhat lower than many immediate neighbours, which is factored into its pricing.

5. Can I get the exact historical sale price?
The exact sold price from its last transaction is not publicly displayed in detail here. The listing service offers to provide the precise figure via email upon request, which is a common practice for certain property data in the region.