Property Overview
62 Highwater Path is a two-storey home in Winnipeg’s Inkster Gardens neighbourhood. Built in 2015, it’s a relatively modern property with 1,336 sqft of living space, an unrenovated basement, and a detached garage. Its key appeal lies in its balance of recent construction and a straightforward, functional layout. The home sits on a compact 2,185 sqft lot, which means lower exterior maintenance but less private outdoor space.
This property would suit first-time buyers or practical investors looking for a newer build without major immediate upgrades. Its assessed value and living area are consistently around the average for its immediate street and wider area, presenting it as a stable, mid-range option rather than a standout bargain or luxury purchase. A thoughtful perspective is that its newer age (top 7% citywide) offers potential energy efficiency and reduced near-term repair costs compared to Winnipeg’s typically older housing stock, while the smaller lot could be a trade-off for those prioritizing interior space over yard work.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is around average for Highwater Path, Inkster Gardens, and Winnipeg overall. Recent sale price history suggests it has traded in a similar mid-range bracket for the neighbourhood.
2. What should I know about the lot size?
The land area is notably smaller than most in both the neighbourhood and the city. This means a manageable yard but limited potential for expansions like large decks or additions, and closer proximity to neighbouring homes.
3. Is the basement finished?
No, the basement is listed as “not renovated.” It presents blank-canvas potential for future development, but any finishing would be an additional project and investment.
4. How does the home’s age affect its condition?
Built in 2015, the home is significantly newer than the Winnipeg average. This typically suggests modern building standards, fewer urgent maintenance issues, and potentially more efficient windows, roofing, and mechanical systems.
5. What are the comparable homes nearby?
The listing notes nearby properties on the same street with similar assessments. For a broader comparison, homes with the same assessed value of $40,500 are found in various neighbourhoods, indicating this price point offers several options across the city.