171 Prairie Spring Bay

Property Overview: 171 Prairie Spring Bay, Winnipeg

Key Characteristics & Buyer Appeal

This well-situated one-storey home in Inkster Gardens offers a practical and modern living package. Built in 2019, it is a notably newer construction compared to most homes in Winnipeg, promising contemporary building standards and minimal immediate maintenance. The home features 1,385 sqft of living space, an attached garage, and a renovated basement, providing flexible space for a home office, recreation, or guests.

Its primary appeal lies in its balance of a modern home on a generous 5,250 sqft lot—a combination that is increasingly rare. While the living area is modest for the immediate street, the property holds its value strongly within the broader neighbourhood and city, with an assessed value that ranks well above local averages. This suggests a solid investment in a stable community. The lot size is a standout feature on the street, offering ample private outdoor space for gardening, play, or future expansion.

This property would best suit first-time buyers or downsizers seeking a low-maintenance, modern home without sacrificing yard space. It’s also a sensible choice for value-focused buyers who prioritize a newer build (and its associated efficiency and lower repair costs) over having the largest square footage on the block.

Frequently Asked Questions

1. Is this a good value compared to other homes in the area?
The data indicates it is. While the house itself is more compact than some neighbours, its assessed value is above average for both Inkster Gardens and Winnipeg overall. You are primarily paying for a much newer home on a large lot, which is a specific and desirable combination.

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 seller or your agent to understand if it’s a finished living space, a modernized utility area, or something in between.

3. How does the lot size compare?
The lot is a significant feature. At 5,250 sqft, it is larger than most on Prairie Spring Bay and above the neighbourhood average. This provides more privacy and usable outdoor space than many newer homes typically offer.

4. The last recorded sale was in 2019. Why is that?
The home was likely purchased new from the builder in 2019, and the current sale would represent its first resale. This is common for homes of this age and means there is a clear ownership history.

5. What are the potential drawbacks of a home built in 2019?
While a newer build means fewer age-related issues, it’s wise to inquire about the builder’s reputation and check if any major components (like appliances or the HVAC system) are nearing the end of their standard warranty periods. The compact main floor living area may also require thoughtful space planning.