Property Overview: 147 Prairie Spring Bay, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Inkster Gardens is a study in contrasts, offering a modern structure on a compact lot. Built in 2019, it is a notably newer home compared to most in Winnipeg, which typically translates to fewer immediate maintenance concerns and modern building standards. With 1,543 sqft of living space, it offers comfortable room for a small family or couple, feeling spacious within its own neighbourhood and city-wide context, though it is slightly smaller than the average home on its specific street.
The appeal lies in its value proposition and condition. It presents an opportunity to own a relatively new, low-maintenance home without the premium price often associated with new builds. The attached garage is a practical asset. It would suit first-time buyers seeking a move-in-ready property, or downsizers looking for a modern, manageable home without the upkeep of an older property. A thoughtful perspective is that while the lot is smaller than average, this can mean less yard work and lower exterior maintenance costs, which some buyers may prefer. It’s a home that prioritizes the interior condition and building age over expansive outdoor space.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage, but would require investment to develop into living space.
2. How does the property’s value compare to the area?
The home’s assessed value is above average for both the wider Inkster Gardens neighbourhood and Winnipeg as a whole. However, it is below average for assessed value on its own street, Prairie Spring Bay, suggesting the street may consist of larger or more highly-valued homes.
3. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value and the municipal tax rate. With an assessed value of $51,300, you can estimate taxes by applying the current City of Winnipeg mill rate to this figure.
4. Why is there a range for the last sold price instead of an exact figure?
Exact sold prices are not always publicly available. The range provided (sold for between $36.5k and $39.5k in March 2019) is based on available public data. The listing service offers to provide the exact price via email upon request.
5. What does the "Elite" ranking for the year built mean?
An "Elite" ranking indicates the property is among the newest in its comparison group. For this home, it ranks in the top 1% for age in Inkster Gardens and top 4% city-wide, confirming it is a much newer construction than most available homes.