Property Overview
83 Petriw Bay is a well-maintained, one-storey home in Winnipeg's Inkster Gardens neighborhood. Its key appeal lies in offering above-average space and land for its immediate area at a value-conscious price point. The home features 1,120 sqft of living space, a renovated basement, and a detached garage, situated on a generous 4,999 sqft lot.
The data reveals a compelling story: this property stands out significantly on its own street. It ranks in the top 10% of homes on Petriw Bay for living area, land size, and assessed value, meaning it offers more room and is valued higher than most of its direct neighbors. However, within the broader Inkster Gardens area and city-wide context, it presents as a more average, affordable option. This creates a unique proposition—a home that feels spacious and premium on its block, while remaining accessible within the larger market. It last sold in early 2018 for approximately $26.5k-$29.5k, with a current assessed value of $38.5k.
This home would suit first-time buyers or practical downsizers looking for solid interior space and a sizable yard without a premium city-wide price tag. It’s ideal for someone who values a sense of relative space and investment within a specific community over a "prestige" postal code. The renovated basement adds functional flexibility for a growing household, a home office, or a recreational space.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Yes, the data indicates it is. The home ranks in the top 6% on Petriw Bay for both living area and assessed value, meaning it is larger and has a higher municipal assessment than the vast majority of its immediate neighbors.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to clarify with the seller or listing agent to understand if it’s a full living space, modernized storage, or updated utilities.
3. How does the property compare to the wider Inkster Gardens area?
Within the larger Inkster Gardens neighborhood, the home is around average in terms of living space, land area, and assessed value. Its standout characteristics are more pronounced when compared directly to its own street.
4. What is the significance of the 1983 build year?
Built in 1983, the home is newer than most on its street (top 18%) but older than the average home in the Inkster Gardens area. This suggests it may have more modern construction fundamentals than its direct neighbors, while potentially having systems (roof, HVAC) that are due for inspection or updates.
5. Why is there a range for the last sold price, and how do I get the exact figure?
The publicly available data provides an estimated range. The listing service offers to provide the exact sale price from their records via email upon request, a process they handle manually to ensure accuracy.