Property Overview & Key Characteristics
This two-storey home at 32 Waterford Green Common in Winnipeg's Inkster Gardens neighborhood presents a practical, modern living option. Built in 2017, it is one of the newest homes on its street and ranks among the newer properties city-wide, suggesting less immediate concern for major repairs or updates. The 1,420 sqft living space is efficiently laid out and is above average for the immediate area. A key feature is the renovated basement, which adds functional living space, and the property includes a detached garage.
Its primary appeal lies in its modern construction within an established neighborhood, offering a move-in-ready condition with recent updates. The lot size, however, is notably compact compared to most homes in Inkster Gardens and across Winnipeg, which means lower outdoor maintenance but limited private yard space.
This home would best suit first-time buyers or downsizers seeking a newer, low-maintenance property without the premium often attached to brand-new builds. It’s also a sensible fit for pragmatic buyers who prioritize interior space and modern systems over a large garden.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is around average for both the immediate street and the broader Inkster Gardens neighborhood, indicating it is priced consistently with local market conditions.
2. What are the trade-offs of the smaller lot size?
While the land area is compact, this typically translates to less time and money spent on yard upkeep. It’s a practical choice for those who prefer low-maintenance living, though it may not suit those wanting extensive gardening or outdoor recreation space.
3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify with the city if a separate rental unit is a requirement, as renovations do not automatically imply legal suite status.
4. How stable have the property values been on this street?
Based on available sales history, a home on this address sold for a higher range in 2020 than in 2017, suggesting appreciation during that period. However, as with any property, current market conditions should be evaluated independently.
5. What does the "above average" ranking for living area mean for this home?
With living space ranking in the top 6% on its own street, this home offers more interior square footage than most of its direct neighbors. This is a relative strength within the immediate micro-area, making it a comparatively spacious option on the block.