Property Overview: 101 Squire Place, Winnipeg
Key Characteristics & Appeal
This home at 101 Squire Place is a modern, efficiently sized property built in 2016. Its primary appeal lies in its balance of contemporary construction and manageable scale. With 1,492 sqft of living space and an assessed value of $385k, it sits squarely in the average range for its immediate street and the wider city, suggesting a stable, mid-market offering. The lot size of 2,754 sqft is notably smaller than most in the broader North Inkster Industrial area and the city, which translates to lower exterior maintenance.
A thoughtful perspective is that this home represents a "right-sized" option. It’s newer than 94% of homes citywide, offering modern building standards and systems without the premium often attached to brand-new construction. Its value is positioned below the area average for North Inkster Industrial, potentially providing an entry point into a newer neighbourhood. This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a sprawling yard, and investors looking for a relatively new asset with predictable operating costs.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
Based on available data, it last sold between $350k-$400k in July 2020. Its current assessed value of $385k is around the city-wide average but below the average for the North Inkster Industrial area, which is $484.4k.
2. Is the lot size a concern?
The lot is smaller than many in the area (ranking in the bottom 18% locally). This means less yard maintenance but also less private outdoor space. It’s a trade-off that suits those prioritizing interior space and newer construction over a large garden.
3. What does the "below average" assessment for the area mean?
While the assessment is typical for the city, it ranks in the top 87% (i.e., more expensive than only 13%) of homes in North Inkster Industrial. This doesn’t necessarily indicate a problem; it often reflects the area having many larger, higher-value homes, making this a more moderately priced option within it.
4. How modern is the home likely to be?
Built in 2016, it is a contemporary home. Key systems like roofing, HVAC, and major appliances are likely still within their expected lifespans, reducing the near-term risk of major replacement costs.
5. Where can I get verified sale history?
The displayed sold price is an estimate from public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not have access to MLS sales records.