Property Overview: 11 Petriw Bay, Winnipeg
Key Characteristics & Ideal Buyer
This one-storey home in Inkster Gardens presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a renovated basement, a detached garage, and a notably large lot for its immediate area—over 4,700 sqft, which ranks in the top 15% on its street. With 988 sqft of living space, the house itself is modest and typical for the neighbourhood, but it benefits from being one of the newer builds on Petriw Bay (1990). The assessed value suggests it is a competitively priced entry point into the Winnipeg market.
The property suits first-time homebuyers or investors seeking a manageable, single-level layout with immediate rental potential from the finished basement. Its above-average lot size offers a less obvious advantage: room for expansion, gardening, or outdoor living relative to nearby homes, providing future flexibility that is uncommon on the street. It’s a home for those prioritizing land size and a solid foundation over sheer interior square footage.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is above average for Petriw Bay itself but below the average for the wider Inkster Gardens neighbourhood. This suggests it may represent good value within its immediate micro-area.
2. What does the sold price history indicate?
Public records show it last sold between $28.5k and $31.5k in October 2017. For an exact historical sold price, you can request the information via email from the listing source.
3. Is the lot size a significant feature?
Yes. At 4,737 sqft, the lot is larger than most on the same street (top 15%) and is close to the neighbourhood average. This is one of the property's standout physical characteristics.
4. What are the potential drawbacks?
The living area is below the average for both Inkster Gardens and Winnipeg overall. Buyers seeking substantial above-ground space may find it compact.
5. Who might this property not suit?
It may not fit buyers looking for a large, modern interior without renovation work, or those prioritizing a home with a pool or an attached garage. The layout and size are best for simpler, efficient living.