Property Overview: 26 Park Springs Bay, Inkster Gardens
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Inkster Gardens is a modern property built in 2018, offering move-in readiness with a renovated basement. Its key appeal lies in its combination of a generous, private lot and a highly efficient footprint. With 1,696 sqft of living space, it feels spacious for its style, yet remains manageable. The nearly 7,600 sqft lot is a significant feature, providing ample outdoor space that is rare for a home of this age and is notably larger than most in the immediate area.
The property’s standout characteristic is its exceptional value positioning within the broader market. While it is a fairly typical home for its own street, its assessed value places it in the elite top 3% for both the Inkster Gardens neighbourhood and the entire city. This suggests a strong intrinsic value that may not be immediately obvious. It suits buyers looking for a modern, low-maintenance home without sacrificing yard space, ideal for small families, downsizers, or investors seeking a property with a compelling value proposition in a newer community. Its one-storey layout also adds universal appeal for long-term accessibility.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to nearby properties?
While the living area is slightly below the average for Park Springs Bay, its assessed value is above the street average. More notably, it ranks in the top 3% of all homes in Winnipeg for assessed value, indicating a very strong valuation compared to the wider city.
2. What is the neighbourhood like for a home built in 2018?
Inkster Gardens has a mix of older and newer homes. This property is newer than 95% of homes in the neighbourhood, placing it in the elite top 5% for year built locally. You benefit from modern construction while being in a well-established area.
3. Is the lot size a major feature?
Yes. The 7,570 sqft lot is in the top 7% on its street and the top 5% in Inkster Gardens. It offers substantially more outdoor space than most comparable neighbourhood properties, which average under 5,000 sqft.
4. What are the potential considerations with a one-storey home?
The single-level layout offers excellent accessibility and flow. Buyers should note that the living area, while above the city average, is configured on one floor. This is ideal for easy living but may differ from the room count of a multi-storey home with similar square footage.
5. Where can I find exact historical sale prices?
The provided sale history shows estimated ranges. To obtain the exact sold price from March 2019, you can request it via email from the listing service. They provide this data manually and do not use email addresses for unsolicited marketing.