Property Overview
189 Inkster Garden Drive is a compact, one-storey home in Winnipeg's Inkster Gardens neighbourhood. Built in 1983, it sits on a roughly 4,000 sqft lot and features a renovated basement and a detached garage. With 645 sqft of living space, it is notably smaller than most area homes. Its assessed value is $33,200, which is below average for the immediate street and neighbourhood but aligns closer to the citywide average for value. The home last sold in March 2020.
Key Characteristics & Appeal
This property’s primary appeal lies in its affordability and efficiency. It presents a clear entry point into homeownership, with a tax assessment and historical sale prices that are accessible compared to broader market averages. The renovated basement adds functional living space, a valuable upgrade in a smaller home. Its lot size is fairly typical for the street, offering adequate outdoor space.
The home would suit first-time buyers, investors, or downsizers seeking minimal upkeep and lower carrying costs. Its below-average size and value within its own neighbourhood suggest it’s not for those needing ample room, but rather for pragmatic buyers focused on fundamentals: a solid structure, a manageable yard, and a renovated element, all at a lower price threshold. A thoughtful perspective is that this home "trades" square footage for opportunity—it allows ownership in a mature neighbourhood where other properties may be out of reach, positioning it as a strategic foothold rather than a forever home.
Frequently Asked Questions
1. Why is the living area so much smaller than the neighbourhood average?
This is a compact, one-storey bungalow. At 645 sqft, it is significantly smaller than typical homes in Inkster Gardens, which is a key factor in its lower assessed value and price point.
2. How can the assessed value be below average locally but around average citywide?
Assessed values in central, mature neighbourhoods like Inkster Gardens are often higher per square foot than the citywide average. This home’s very low assessment reflects its small size, placing it well below its immediate peers. Citywide, this value bracket includes many other small or older homes, making it less of an outlier.
3. What does having a "renovated basement" mean for this property?
While specific finishes aren't detailed, a renovated basement in a home of this size is a major functional benefit. It effectively doubles the usable living area, making the overall footprint more practical.
4. The home sold in 2020. What might it be worth today?
The exact sold price from March 2020 is available upon request. Current market value would depend on condition, recent market trends, and comparable sales. Its assessed value of $33,200 provides a baseline, but a professional appraisal or market analysis is recommended for an accurate current value.
5. Who would this property not be suitable for?
It likely wouldn’t suit growing families needing multiple bedrooms or ample living space, or buyers who prioritize modern builds (it’s over 40 years old). Those seeking a property that appreciates in line with neighbourhood averages might also look elsewhere, as its unique size makes it a specialized asset.