Property Summary: 270 Dr. Jose Rizal Way
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2016, offers modern living in Winnipeg's Inkster Gardens neighborhood. Its key strength is its above-average size, with 1,656 sqft of living space ranking it in the top tier for the street and area. The property sits on a 5,073 sqft lot and includes a detached garage. The basement is present but not renovated, presenting a blank canvas for future expansion.
The appeal lies in acquiring a relatively new build (just 10 years old) that requires minimal major upkeep, combined with a generous interior layout less common for its vintage in this area. It suits practical buyers looking for move-in-ready space without the premium of a fully finished basement, or those who value the opportunity to customize a lower level to their own taste. The assessed value is consistent with area averages, suggesting a stable, established value rather than an undervalued project.
A thoughtful perspective is that this home represents a balance. It offers the modern efficiencies and floorplan of a newer build, but within a mature neighborhood setting, potentially providing more established greenery and community feel than a brand-new subdivision.
Section 2: Frequently Asked Questions
1. What is the exact recent sold price?
The public data shows a sale in April 2020 in the range of $365k-$395k. For the precise sale price, you can request it via email from the listing source, as this information is verified manually.
2. What does "basement yes, not renovated" mean?
It indicates the home has a full basement that is unfinished or only partially developed. It has the essential structure and utilities but awaits drywall, flooring, and final design. This can be a cost-saving feature if you don't need the space immediately or wish to finish it yourself.
3. How does the living area compare to nearby homes?
The living area is a standout feature. It's larger than approximately 97% of comparable homes on the same street and about 76% of homes in the wider Inkster Gardens area, offering more interior space than most local options.
4. Is the assessed value a reliable indicator of the listing price?
The assessed value ($461,000) is a municipal calculation for tax purposes and is typically behind market trends. It serves as a useful benchmark, showing the home is assessed in line with the neighborhood average, but the final sale price will be determined by current market conditions.
5. What are the implications of the home being built in 2016?
A 2016 build is notably newer than the Winnipeg city average (1966) and the area average (1999). This generally means modern building codes, newer major systems (like HVAC and wiring), and potentially better energy efficiency, which can translate to lower maintenance costs in the near term.