Property Overview
101 Sawka Bay is a modern, low-maintenance home built in 2022, situated in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering contemporary systems and finishes without the immediate need for major updates. With 1,472 sqft of living space and an assessed value of $401k, it presents a practical option in the current market.
Key Characteristics & Ideal Buyer
This home stands out for its age. It is newer than 99% of homes across Winnipeg, placing it in an elite category city-wide for year built. This translates to modern building standards, energy efficiency, and likely minimal repair concerns for years to come. The living space is comfortably sized, ranking around average both on its street and across the city, suitable for a small family, couple, or professional.
The trade-off for this modernity is a compact land area of 2,501 sqft, which is below average for the neighbourhood and city. This limits expansive outdoor possibilities but simplifies yard maintenance—a worthwhile compromise for buyers seeking a lock-and-leave lifestyle or those who prioritize interior space over land.
Its assessed value is notably below the average for the North Inkster Industrial area, suggesting it may offer relative value within this specific locale. It last sold between $350k-$400k in mid-2022.
This property would best suit:
- First-time buyers or downsizers seeking a modern, move-in-ready home without renovation projects.
- Practical buyers who value low exterior maintenance and prefer to spend time indoors rather than on yard work.
- Value-conscious purchasers looking for newer construction at a price point below the neighbourhood average.
Frequently Asked Questions
1. Is the lot size a significant drawback?
The lot is compact, which means large gardens, patios, or additions are less feasible. However, for those who view a yard as a maintenance chore rather than a hobby, this is a practical feature that reduces weekly upkeep.
2. How does the value compare to nearby homes?
The home's assessed value ($401k) is below the North Inkster Industrial area average (~$484k). This could indicate a value opportunity in the neighbourhood, though it may also reflect the smaller lot size. It's around average compared to the street and the wider city.
3. What are the implications of a 2022 build?
A home this new typically comes with the remainder of a builder's warranty on major components, modern insulation and windows for lower utility costs, and compliance with current building codes. It’s a home designed for contemporary living.
4. What is the North Inkster Industrial area like?
As the name suggests, this is a mixed-use area. Buyers should be prepared for proximity to light industrial and commercial properties, which can mean more truck traffic and less of a purely residential feel compared to established suburban neighbourhoods.
5. How can I verify the exact past sale price?
The provided sold price is a public estimate. For fully verified and exact transaction history, you must request a manual lookup from the site, as they do not have access to or display official MLS sales records.