Property Overview: 338 Old Commonwealth Path, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2017, it is a notably newer construction compared to the typical Winnipeg home, offering contemporary building standards and minimal immediate maintenance concerns. The 1,342 sqft living space is efficiently sized, ranking as average for its immediate neighborhood and the city overall, and features a renovated basement and an attached garage.
Its primary appeal lies in this balance of modernity and manageability. The lot size of 2,200 sqft is compact, especially when compared to broader city and neighborhood averages, which translates to less yard upkeep—a potential benefit for those seeking a low-maintenance lifestyle without sacrificing interior space. The home’s assessed value is positioned solidly in the middle range for its area, suggesting a stable, established value rather than a premium or fixer-upper price point.
This property would suit first-time buyers or downsizers looking for a move-in-ready, modern home without the extensive yard work of a larger lot. It’s also a sensible fit for pragmatic investors or owner-occupants who prioritize newer mechanical systems and building envelopes over expansive outdoor space, valuing predictable upkeep in a well-established neighborhood.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 2,200 sqft lot is smaller than most in both the Inkster Gardens neighborhood and Winnipeg overall. This is a key consideration if a large yard is important, but it also means less time and cost spent on landscaping and maintenance.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a recreational room, or primarily updated utilities.
3. Is this a good value compared to nearby homes?
Based on assessed value, this home is around average for Old Commonwealth Path and Inkster Gardens. Its value proposition is tied more to its modern age (2017 build) than to having above-average square footage or land.
4. What is the typical property tax for an assessed value of $39,900?
Note that the assessed value shown ($39.90k) is not the market value. In Manitoba, the assessed value for taxation is a fraction of the market value. You would need to apply the local tax rate to the market value estimate to determine approximate annual taxes.
5. The sold price history shows a range for 2021. Why isn't the exact price listed?
The provider uses public data ranges for general comparison. They offer to provide the exact historical sold price via email upon request, as this data requires manual verification from non-public sources to ensure accuracy.