Property Overview: 107 Mayer Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, three-year-old home (built 2023) in the North Inkster Industrial area. Its primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. The 1,572 sqft living area is efficiently sized, ranking above average compared to the wider Winnipeg market but more modest within its immediate street and neighbourhood context.
The property presents a compelling value perspective. With an assessed value of $453,000, it sits notably below the average for its own street, is on par with the North Inkster Industrial area average, and is above average compared to the entire city. This suggests you may get more modern home for your dollar here than in many other Winnipeg neighbourhoods. The lot size (3,331 sqft) is compact, particularly city-wide, which translates to lower exterior upkeep.
This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without a premium price tag. It’s also a practical choice for value-focused buyers who prioritize newer construction and interior space over a large yard. A less obvious angle is its potential appeal to those who appreciate consistent neighbourhood character, as many nearby homes are of a similar vintage, creating a uniform, contemporary streetscape.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests it is. The assessed value is significantly lower than the average on its own street and is above average for Winnipeg overall, indicating you’re getting a relatively new home at a competitive price point for the city.
2. What are the trade-offs for a newer home at this price?
The main trade-offs are lot size and location. The yard is compact, especially compared to the Winnipeg average. The property is also situated in an industrial-designated area, which may influence long-term surroundings and resale dynamics compared to purely residential neighbourhoods.
3. How does the living space compare to nearby homes?
The home’s living area is smaller than the average on Mayer Drive itself but is very close to the average for the broader North Inkster Industrial area. It offers a modern, efficient layout that is larger than the typical Winnipeg home.
4. What does the sold price history indicate?
The home last sold in March 2023 for an estimated $400k–$450k. This sale price range ranks very high (top 96%) for its street but is more average for the wider area, reinforcing the pattern of it being a value-oriented option on its specific block.
5. Where can I get verified sale history and exact figures?
The provided data is compiled from public sources. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.