290 Dr. Jose Rizal Way

Property Overview: 290 Dr. Jose Rizal Way, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens presents a compelling blend of modern convenience and solid value. Built in 2015, it offers the advantages of a relatively new construction, including contemporary building standards and less immediate need for major updates. The 1,453 sqft living space is efficiently sized, sitting comfortably around the average for its immediate area, making it a practical family home.

Its primary appeal lies in its above-average positioning on several key metrics within the neighbourhood. The assessed value ranks in the top 27% for Inkster Gardens, suggesting a perceived quality or desirability that outpaces many nearby homes. A significant standout is the land area of over 6,000 sqft, which places it in the top 15% of the area, offering generous outdoor space—a notable find for a newer build. The renovated basement adds functional, flexible living space.

This property would suit first-time buyers or growing families looking for a move-in-ready home in a established neighbourhood without the maintenance concerns of an older property. It also appeals to value-conscious buyers who appreciate a larger lot, seeing it as room for future enjoyment or expansion, and a solid investment within its community context.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on public data, a home with similar assessed value on this street sold in August 2022 for between $485,000 and $515,000. For the exact historical sold price of this specific property, you can request the information via email from the listing source.

2. What does the "above average" assessed value ranking mean?
The home’s $500,000 assessment is higher than most in Inkster Gardens (top 27%). This often reflects factors like the newer build year, renovated basement, and larger lot size compared to neighbourhood averages, but it's not a direct market price.

3. Is the lot size typical for the area?
No, the lot is a key feature. At over 6,000 sqft, it is substantially larger than the average lot in both Inkster Gardens and on Dr. Jose Rizal Way itself, ranking in the top 15% and top 8% respectively.

4. What are the potential considerations with a 2015 build?
While modern, a home from this era is now approaching a decade old. Buyers should still consider a standard inspection to assess the condition of major components like the roof, HVAC, and appliances, which may be nearing mid-life.

5. How does this home fit within the wider Winnipeg market?
Citywide, its 2015 build year makes it newer than about 93% of Winnipeg homes, a significant advantage. While its living space is average for the city, its assessed value and land size remain above the Winnipeg average, indicating a strong position.