Property Overview: 103 Petriw Bay, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and well-positioned property. Its key strength lies in its strong standing within its immediate neighbourhood of Petriw Bay. With 1,090 sqft of living space and an assessed value of $37,60k, it ranks in the top 11% and 13% respectively for those metrics on its own street, indicating it is a larger and more valuable home compared to its closest neighbours. The basement has been renovated, adding functional space, and the property includes a detached garage. Built in 1983, it is also slightly newer than many on its street.
The appeal here is one of relative value and stability within a specific community. For its area, it offers above-average interior space on a standard-sized lot (3,706 sqft). It would suit a first-time homebuyer or a downsizer looking for a manageable, single-level layout in an established area. A thoughtful perspective is that this home represents a "big fish in a small pond" scenario—it stands out positively on its own block, even though its metrics are more average or below average when compared to the wider Inkster Gardens neighbourhood or the entire city. This can be appealing for someone prioritizing a sense of relative advantage and community familiarity over city-wide comparisons.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $35.5k and $38.5k in June 2023, which is consistent with its current assessed value and reflects its strong ranking on the street.
2. Is the living space suitable for a growing family?
At 1,090 sqft, it offers more space than most homes on Petriw Bay. However, it is below the neighbourhood average. The renovated basement provides additional flexible space, making it more viable for a small family.
3. What does the "below average" ranking for Inkster Gardens mean?
While the home ranks well on its specific street, metrics like living area and land size are below the average for the broader Inkster Gardens area. This suggests the property is in a pocket of smaller, older homes within the neighbourhood.
4. What are the implications of having a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or separate storage. It may also mean a shorter driveway or a different backyard layout compared to a home with an attached garage.
5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed. You can request the precise figures via email from the listing source, which provides the data manually without using your email for marketing.