Property Overview: 55 Quill Bay, Inkster Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home at 55 Quill Bay is a practical and straightforward property in Winnipeg's Inkster Gardens neighborhood. Built in 1986, it is notably newer than many city-wide comparables, which can mean fewer concerns about aging core components. The 1,040 sqft living space is compact and efficient, sitting below the average for the immediate area but close to the city-wide norm, making it a manageable size for upkeep. It features a renovated basement and a detached garage. The lot is a generous 5,086 sqft, providing ample outdoor space relative to many in the neighborhood.
The appeal lies in its modesty and potential. It represents an entry point into the market with a home that is structurally more modern than many. The renovated basement adds functional living space, and the large lot offers room for gardening, recreation, or future expansion. It suits first-time homebuyers seeking a manageable property without a massive footprint, or investors looking for a pragmatic rental opportunity. A thoughtful perspective is that its "average" metrics across the board—neither the largest nor the most valuable on the street—suggest a stable, blended-in property unlikely to be over-improved for the area, which can be a smart financial position.
Section 2: Frequently Asked Questions
1. What is the exact sold price history?
Public records show a sale in August 2017 for an estimated range of $27.5k to $30.5k. For precise historical sold prices, you can request the exact figures via email from the listing source.
2. How does the home's size compare to the neighborhood?
At 1,040 sqft, the living area is below the current average for both Quill Bay and the wider Inkster Gardens area. This indicates a cozier, more efficient layout compared to many nearby homes.
3. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work are not detailed here. This would be a key point for buyer due diligence.
4. Is the assessed value a reliable indicator of market price?
The assessed value for municipal taxes is $38,700. It's important to note that this is an administrative valuation for tax purposes and often differs from current market value, which is influenced by broader market conditions.
5. What are the implications of the home being built in 1986?
While 40 years old, this build year is above average for both the street and city-wide, meaning major systems like wiring and plumbing may be more modern than in many Winnipeg homes. However, components like the roof, windows, and furnace are likely at or beyond their typical lifespan and should be inspected.