Property Summary: 121 Kaur Umber Trail
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2014, offers a practical and modern living space in Winnipeg's Inkster Gardens neighborhood. Its key appeal lies in its balance of above-average interior space and a relatively recent build year, positioned against a very affordable price point.
With 1,639 sqft of living area, the home provides more space than most in the city and is notably larger than many in its immediate area. The basement has been renovated, adding functional living space. While the lot size is more compact than average, this often translates to less yard maintenance—a plus for busy households or those seeking a lock-and-leave lifestyle.
The home’s assessed value sits comfortably above average for both the neighborhood and the wider city, yet it remains one of the more affordable options on its own street. This creates an interesting value proposition: you get a newer, spacious home in a well-established area without the premium price tag of the largest lots. It would suit first-time buyers seeking a move-in-ready property without a hefty renovation list, downsizers looking for manageable space without sacrificing room, or investors attracted to a modern asset with a strong assessed value foundation.
Section 2: Frequently Asked Questions
1. Is the lower lot size a significant drawback?
Not necessarily. While the lot is smaller than average, it requires less upkeep. For buyers who prioritize indoor living space over extensive gardening or outdoor recreation space, this is a practical trade-off.
2. How does the assessed value compare to recent sale prices?
The home last sold in August 2023 for a price between $455k and $485k, which aligns closely with its current assessed value of $513k. This suggests a stable market valuation with modest appreciation.
3. What does the "above average" space mean for daily living?
With living area rankings in the top 25% for the neighborhood, the home likely offers better-than-typical room configurations, such as larger bedrooms or more generous common areas, compared to many other homes in Inkster Gardens.
4. The home is newer than most in Winnipeg. What are the advantages?
Built in 2014, major components like the roof, furnace, and windows are likely still within their typical lifespan, potentially reducing near-term maintenance costs and offering greater energy efficiency than the city's older housing stock.
5. Who are the typical neighbors?
The immediate street consists of similar two-storey homes primarily built in the 2010s, indicating a relatively uniform and contemporary streetscape. The wider neighborhood, however, features homes with a much broader range of ages, offering a blend of established community and newer infill development.