Property Overview: 78 Kaur Umber Trail, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Inkster Gardens, built in 2014, presents a practical and straightforward opportunity. Its key appeal lies in a combination of modern construction and a generous, above-average lot size for its immediate neighborhood. With 1,287 sqft of living space and an unrenovated basement, it offers a solid blank canvas.
The home’s standout characteristic is its land. At over 5,600 sqft, the lot is significantly larger than most on its street and in the Inkster Gardens area, providing ample outdoor space for gardening, play, or future expansion—a notable advantage in a newer subdivision. While the living area is modest compared to nearby homes, its assessed value is strong relative to the broader area and city, suggesting good underlying value for the property as a whole.
This property would suit a first-time buyer or a practical-minded household looking for a low-maintenance, modern home without the premium of a recent renovation. It’s also a fit for buyers who prioritize outdoor space over interior square footage and see potential in a basement that awaits their personal touch. The attached garage and newer build date (2014) mean major systems are likely in good condition, offering peace of mind.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($49,200) is a municipal benchmark for taxation, market conditions ultimately determine sale price. This home’s assessment is above average for its neighborhood, which is a positive data point, but recent comparable sales are the best guide.
2. How does the lot size compare meaningfully?
The lot of 5,637 sqft is in the top 8% on this street. In practical terms, this means you likely have more backyard space and potentially more side yard than many of your immediate neighbors, which is a rare find in newer developments.
3. The living area seems smaller than average. How significant is this?
At 1,287 sqft, it is below the street average. This indicates efficient, compact living spaces. For some, this is a downside; for others, it means less space to heat, clean, and maintain, which can be a deliberate choice for simplicity and cost-efficiency.
4. What does “basement, not renovated” imply?
The basement is finished but in its original state from 2014. It’s functional but may not reflect current styles. This can be seen as an opportunity to customize the space to your needs over time without the immediate cost or hassle of a full demolition.
5. The home sold in 2016. What can that history tell me?
The 2016 sale price provides a historical baseline, showing how the property’s value was established near its construction. Market trends, area development, and improvements in the decade since will have influenced its current value, making recent neighborhood sales more relevant for today’s market.