Property Overview: 172 Prairie Spring Bay, Winnipeg
Key Characteristics & Buyer Profile
This is a modern, one-storey home in the Inkster Gardens neighborhood, built in 2019. Its key appeal lies in its relative newness, which stands out significantly in its local context. While its living space (1,310 sq ft) is modest compared to others on its street, it is competitively sized for the wider city. The home features an attached garage and an unfinished basement, offering a blank canvas for future expansion.
The property’s value proposition is nuanced. Its assessed value is notably higher than average for both the neighborhood and the city, suggesting official recognition of its modern build and location. However, it sits on a smaller citywide lot. This combination makes it particularly suited for buyers who prioritize a newer build with lower immediate maintenance, over maximum square footage or yard space. It would appeal to first-time homeowners, downsizers seeking single-level living, or investors attracted by a modern property in a well-established area.
Frequently Asked Questions
1. Is this a good value for the area?
The data presents a mixed picture. The home’s assessed value is above average for Inkster Gardens and citywide, which can indicate strong municipal valuation. However, its last known sale price was below the current assessed average for the street. This suggests potential for negotiation or a value opportunity if the assessment is accurate.
2. What does the unfinished basement mean for me?
This is a key opportunity. It provides significant storage and the potential to add living space and value in the future, but it requires a planned investment. It’s ideal for a buyer who wants to customize the space to their own needs and timeline.
3. How does the lot size impact the property?
At just over 4,000 sq ft, the lot is below the Winnipeg city average. This means lower yard maintenance, which many modern buyers appreciate. The trade-off is less private outdoor space for gardening or recreation compared to older neighborhoods with larger lots.
4. Why is the "year built" ranking so high?
The home was built in 2019, making it newer than approximately 96% of homes in Winnipeg and 99% in Inkster Gardens. This is a major characteristic, implying newer construction standards, materials, and systems that may lead to lower repair costs in the near term.
5. How accurate are the sold price ranges shown?
The ranges are based on publicly available data. For the exact historical sold price, you must request it directly via the provided email service. This step ensures you have precise figures for informed decision-making.