Property Overview: 247 Singh Trail, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Inkster Gardens presents a practical and modern living option. Built in 2016, it is a relatively newer property in a city with an older housing stock, offering the benefits of contemporary construction standards without requiring major updates. The 1,501 sqft living space is efficiently sized, sitting comfortably above the city-wide average. A key, less obvious asset is the 5,189 sqft lot, which is notably larger than many in the immediate area, providing valuable outdoor space and potential.
Its appeal lies in this balance of being a move-in ready, modern home on a generous lot, positioned at an assessed value that is competitive for its neighbourhood. The attached garage and existing (though unrenovated) basement add functional utility. This property would suit first-time buyers or young families looking for a newer build in a established area, as well as value-conscious buyers who prioritize lot size and modern infrastructure over a fully updated interior. It’s a home that offers a solid foundation rather than luxury finishes.
Section 2: Frequently Asked Questions
1. How does the value of this home compare to the area?
The home’s assessed value is above average for both the wider Inkster Gardens area and Winnipeg city-wide, but interestingly, it ranks below average on its own street. This suggests it may offer good value within a potentially desirable micro-location.
2. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for finishing this space to suit their needs, though it provides valuable additional square footage to develop.
3. Is the lot size a significant feature?
Yes. The lot is over 5,000 sqft, which is larger than most on Singh Trail and in Inkster Gardens. This is a standout feature for outdoor space, gardening, or future additions like a deck or shed.
4. What is the historical price context?
Public records indicate a sale in late 2016 for approximately $33.5k–$36.5k, which is likely the original purchase price from the builder. The current assessed value of $510k reflects the market appreciation over the past decade.
5. Who are the typical neighbours?
The home is on a quiet trail with very close proximity to neighbouring houses. The immediate nearby properties are of similar age and style, suggesting a consistent streetscape. The broader North Inkster area includes industrial sectors, so the specific location within Inkster Gardens is important for lifestyle fit.