Property Summary: 99 Prairie Spring Bay, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens is a modern property built in 2019, offering a move-in-ready opportunity with a renovated basement. Its primary appeal lies in its above-average size and contemporary age within its broader context. With 1,877 sqft of living space, it is notably larger than the average home in both the Inkster Gardens area and Winnipeg citywide. The attached garage and recent build date mean major systems are likely still under warranty, reducing immediate repair concerns.
The property’s value is nuanced. While its assessed value is strong compared to the city and neighborhood, the lot size is compact relative to most Winnipeg homes. This positions it as an efficient, low-maintenance property rather than one for extensive outdoor projects. It would suit first-time buyers or young families seeking modern space without the upkeep of an older home, or downsizers looking for a manageable property without sacrificing interior room. The historical sale data shows significant appreciation since 2019, suggesting a well-regarded location within the community.
Frequently Asked Questions
1. How does the lot size impact the property?
While the home itself is spacious, the land area is below average for the street, neighborhood, and city. This means smaller outdoor space for gardening or recreation, but also less yard maintenance.
2. What does the "Elite" ranking for the year built mean?
Built in 2019, this home is newer than 99% of homes in Inkster Gardens and 96% of homes citywide. This typically translates to modern building codes, energy efficiency, and minimal need for near-term updates.
3. The assessed value seems low. Is that accurate?
The assessed value shown is for comparison rankings only. The city-wide average for comparable homes is listed as $390k, providing a more realistic benchmark. The lower "rank" numbers (e.g., 58.40k) are part of the statistical comparison model, not the actual market value.
4. Has the property's value increased?
Yes. Based on the sold price ranges provided, the property sold for between $35.5k-$38.5k in 2019 and then between $64.5k-$67.5k in 2022, indicating substantial growth in that period. (Note: Exact prices require a request via email).
5. What is the neighborhood like for a home of this size?
In Inkster Gardens, this home's living area ranks in the top 14%, meaning it is larger than most area homes. This offers more interior space than is typical for the neighborhood, which could be an advantage for resale.