Property Overview: 252 Singh Trail, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home in Inkster Gardens is a modern property, built in 2017, offering a move-in-ready foundation with room for personalization. Its key appeal lies in its balance of being newer construction within a more established neighborhood. At 1,263 sqft, the living space is notably compact for the immediate street but aligns more closely with area and city averages, suggesting an efficient layout. The home features an attached garage and a full, unrenovated basement, presenting a clear opportunity for future expansion or customization to add value.
The property’s assessed value is a standout, ranking above average for both the Inkster Gardens area and city-wide, which can be attractive for equity-minded buyers. However, the lot size is modest, especially compared to the Winnipeg average. This home would suit first-time buyers or downsizers seeking a low-maintenance, modern build without a premium price tag for excessive square footage. It’s also a practical canvas for a buyer with renovation plans for the basement, looking to add sweat equity to a structurally young home.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is strong relative to the neighborhood and city, suggesting good underlying value. However, the living space is smaller than most on its specific street, so value may depend on how much you prioritize a newer build over square footage.
2. What does "below average" for living area on the street mean?
Most homes on Singh Trail are larger, averaging about 1,588 sqft. This home’s floor plan is more efficient and compact, which can mean lower utility costs and less upkeep, but also less room than neighboring houses.
3. The basement is "not renovated"—what's the condition?
The listing notes it as unrenovated. This typically means it is a blank canvas—finished with basic walls and flooring but not upgraded—and is ready for you to customize or finish to your own taste and budget.
4. How does the 2017 build year affect this home?
A 2017 build is a significant advantage. It means major components like the roof, furnace, and windows are relatively new and likely under modern building codes, potentially reducing near-term repair costs compared to older area homes.
5. Why is the city-wide assessed value comparison so high?
The data shows the home’s assessed value ranks above the city median. This generally reflects the combination of its newness and location. It’s important to remember assessed value is for taxation; a professional appraisal or market analysis determines actual market value.