Property Overview
102 Forest Cove Drive presents a compelling opportunity in Winnipeg's Inkster Gardens neighborhood. This home stands out for its modern build and generous interior space relative to its local market, offering a move-in-ready package with a renovated basement.
Key Characteristics, Appeal & Ideal Buyer
The primary appeal of this property lies in its combination of a recent build date (2013) and above-average living space (1,786 sq ft). It is a notably modern home for its immediate street and a spacious one for the wider city. The renovated basement and attached garage add practical, finished living and storage areas. Its assessed value ranks in the top tier for the street, suggesting it is a premium property in this specific location.
A less obvious perspective is the trade-off it represents: you are acquiring a newer, low-maintenance structure with modern systems, but on a land parcel that is slightly smaller than most on the street. This makes it ideal for buyers who prioritize the condition and size of the home itself over a large yard. It would perfectly suit a young family or professional couple seeking a turnkey home without the upkeep concerns of an older property, and who value interior space for living and working over extensive outdoor space.
Frequently Asked Questions
1. How does the home's value compare to recent sales?
The home last sold in late 2019 for an estimated $41.5k-$44.5k. Its current assessed value of $53.5k is significantly higher, reflecting market changes and its standout characteristics on the street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand if it's a finished living space, a rental suite, or a modernized recreational area.
3. Is the smaller lot size a concern?
At 4,263 sq ft, the lot is below the average for Forest Cove Drive but is typical for the broader Inkster Gardens area. It likely means less yard maintenance but may limit expansion or large outdoor projects.
4. Why is the assessed value so high for the street?
The assessment ranks #1 of 54 comparable homes on the street, likely due to the combined effect of its new construction (2013), larger-than-average living area, and renovated condition compared to older neighbors.
5. What is the neighborhood character of Inkster Gardens?
The data shows homes here have a wide range of ages and sizes. This property, being one of the newest, sits among a mix of older dwellings, suggesting an established, evolving community rather than a uniform subdivision.