Property Overview: 14 Namarik Way, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of contemporary construction and manageable scale. With 1,587 sqft of living space, it feels spacious compared to the Winnipeg city-wide average, yet it’s a more modest size within its immediate Fraipont neighbourhood, suggesting efficient design and potentially lower utility costs. The attached garage and a land area just under 3,600 sqft provide the essentials of suburban living without the burden of extensive yard maintenance.
The home’s assessed value positions it as a solid, above-average offering city-wide, indicating good municipal valuation for its age and features. It suits first-time buyers or downsizers seeking a modern, low-maintenance property without being in a brand-new subdivision. It also appeals to value-oriented buyers who prioritize a newer build (with contemporary insulation, wiring, and finishes) but are content with a standard lot size, seeing the land more as a practical setting for the home than as a primary investment.
Frequently Asked Questions
Q: How does the size of this home compare to others in the area?
A: Its living area is above average for Winnipeg overall but is slightly below the average for the Fraipont neighbourhood. This suggests a well-utilized floor plan in a community where homes tend to be larger.
Q: What does the "Elite" ranking for Year Built city-wide mean?
A: It means this 2023 build is newer than approximately 99% of all homes in Winnipeg, highlighting a major advantage in terms of modern building codes, materials, and expected longevity of major systems.
Q: Is the lot size a concern?
A: The lot is smaller than most in both Fraipont and Winnipeg. This is a drawback if you desire extensive outdoor space or gardens, but a benefit for those seeking minimal yard work and lower exterior maintenance costs.
Q: The home sold in late 2023. Why is it back on the market so soon?
A: While we cannot speculate on the seller’s personal reasons, short ownership periods can sometimes relate to job relocations, changing family needs, or lifestyle adjustments. A professional home inspection is always recommended.
Q: How accurate is the assessed value as an indicator of market price?
A: Municipal assessed value is for tax purposes and can differ from current market value. It is a useful benchmark showing the home is valued well above the city median, but a comparative market analysis is needed to determine today’s listing or sale price.