Property Overview
51 Singh Trail is a well-maintained, two-storey home in Winnipeg's Inkster Gardens neighborhood. Built in 2016, it offers a modern foundation with a renovated basement and an attached garage. The home's primary appeal lies in its above-average size and value within its local context. With 1,940 square feet of living space, it ranks in the top 8% on its street and top 12% citywide for size, offering more room than most comparable homes. Its assessed value also places it in the top 10% of its immediate area, suggesting a quality build and finishes for its market.
This property suits buyers looking for a move-in ready, spacious family home without the maintenance concerns of an older property. It’s a practical choice for those who value modern systems and a renovated basement for extra living space. A thoughtful perspective is that while the lot size is average for the area, the home's efficient use of interior space provides ample room, which can be a better value proposition than a larger, harder-to-maintain yard. It represents a solid, middle-ground option—newer than the city's average home, consistently above average in key metrics for its neighborhood, and positioned for a buyer who prioritizes interior space and modern convenience over a sprawling property.
Frequently Asked Questions
How does this home compare to others in the area?
The data shows this home consistently ranks above average for its street, neighborhood, and the wider city in key categories like living area and assessed value. It is notably larger and newer than most homes in Winnipeg overall.
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 the quality and functionality of the additional space.
Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $61.70k is for municipal tax purposes and ranks highly compared to neighbors. However, the actual market price is determined by recent sales, current demand, and the home's condition, which may differ.
The home sold in 2016. What has changed since then?
The home was originally sold when new in 2016. The notable update mentioned is the basement renovation, which has been completed at some point in the last decade, adding to the home's finished living area.
Are the nearby "similar value" properties actually comparable?
The listed properties with identical assessed values are located in different neighborhoods across Winnipeg. This highlights that assessed value is a broad administrative metric. True comparables are the nearby homes on Singh Trail and in Inkster Gardens with similar age, size, and style, which the data provided helps to identify.