Property Overview: 33 Marianne Road, Winnipeg
Key Characteristics & Appeal
This well-maintained, one-storey home in Inkster Gardens offers a practical and comfortable living space. Its key features include a renovated basement, an attached garage, and a 1,300 sqft layout on a generous 5,444 sqft lot. Built in 1993, it is a notably newer construction compared to many Winnipeg homes and stands above average for its age on its own street.
The appeal lies in its solid, move-in-ready fundamentals and its strong positional value within the local market. The home's assessed value ranks highly for the street and area, suggesting it is a substantial property in its immediate context. It suits first-time buyers or downsizers looking for a manageable single-level layout without major renovation needs. It also appeals to value-conscious buyers who prioritize a newer build date for potentially lower maintenance costs and modern infrastructure, set on a lot that provides good outdoor space for the neighbourhood.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this property holds its value well. Its assessed value is in the top 15% on Marianne Road itself, and its 1993 build date is newer than most immediate neighbours. While the living space is average for the area, the combination of a newer build, renovated basement, and above-average lot size for Inkster Gardens creates a balanced offering.
2. What is the significance of the assessed value being higher than the last sold price?
The current assessed value ($45.60k) is higher than the late-2020 sale price (approximately $36.5k-$39.5k). This typically reflects market appreciation and the impact of the basement renovation. It’s a useful indicator of the municipality's valuation for tax purposes and can signal strong equity growth, but the final market price is determined by current buyer demand.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation with the city to understand its approved use, as this affects value, insurance, and legality.
4. What are the typical buyers or tenants in Inkster Gardens?
Inkster Gardens attracts a mix of long-term residents, young families, and practical first-time homebuyers drawn to its affordability and established community feel. The area offers solid value within Winnipeg.
5. How does the lack of a pool affect the property's value in this market?
Given Winnipeg's climate, a pool is not a standard expectation for most homes and is rarely a deciding factor for value in this price range. The absence of a pool minimizes maintenance liability and cost, which is generally viewed as a practical positive for the typical buyer in this market.