Property Overview: 236 Singh Trail, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens is a modern, above-average offering in several key areas. Built in 2017, it is one of the newest homes on its street and stands out in a city with a typically older housing stock. With 1,851 sqft of living space, it provides more room than most comparable homes locally and citywide. The property features an attached garage, a renovated basement, and a balanced land area of just under 5,000 sqft.
Its primary appeal lies in its modern construction combined with move-in-ready updates, like the renovated basement, reducing immediate renovation needs for a buyer. The home’s assessed value ranks in the top tiers for its area, suggesting a solid investment in a well-regarded neighbourhood.
This property would best suit buyers looking for a relatively new, spacious home without venturing into the premium new-build market. It’s ideal for a growing family seeking modern layouts and systems, or for a professional wanting a low-maintenance, contemporary property with room to grow. Its strong rankings across metrics also make it a sensible choice for value-conscious buyers who prioritize statistical performance within a community.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $580k is for municipal tax purposes and is a historical snapshot. While it ranks highly compared to neighbours, the actual market price will be influenced by current conditions, the home’s specific features, and recent comparable sales.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovation (e.g., recreational space, additional bedroom, rental suite potential) to understand its true value.
3. The home sold in 2017 and 2021. Is that a concern?
Two sales in under a decade is not unusual for a newer build. It could indicate previous owners relocating for life changes. The consistent increase in sold price between those transactions, as shown in the history, typically reflects positive market movement and property appreciation.
4. How does the lot size impact future plans?
At 4,952 sqft, the lot is above average for the street but around the city average. It provides ample yard space for a family but may have specific zoning restrictions for large additions or secondary suites. Checking the City of Winnipeg’s zoning bylaws would be a prudent next step.
5. Why are the sold prices shown as a range?
The provided ranges are estimates based on publicly available data. To protect privacy and ensure accuracy, the exact sale price is available upon direct request from the listing service, which compiles verified transaction records.