Property Overview
108 Indra Crescent is a modern, well-sized home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers the appeal of a nearly new property with minimal maintenance concerns. The home's 1,615 sqft of living space is notably efficient, ranking in the top 3% on its own street, meaning it offers more interior space than most of its immediate neighbors. This is a practical home for those who value modern construction and interior space over a large yard, as the lot size is compact compared to both area and city-wide averages.
The appeal here is one of balance and modern convenience. The assessed value of $437k sits above average for the street but is aligned with broader area and city benchmarks, suggesting a stable valuation. For buyers, this represents an opportunity to acquire a contemporary home without the premium often associated with newer builds in older, established neighborhoods. It’s a sensible choice for first-time homeowners, small families, or professionals seeking a low-maintenance, move-in-ready property. The data indicates it would particularly suit buyers who prioritize interior square footage and modern amenities over outdoor space, and who are comfortable in a developing industrial-area community.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Yes. The home ranks 8th out of 35 on Indra Crescent for assessed value, placing it in the top 23%. Its living area is actually the largest on the street (ranked 1st of 35), meaning you get more interior space than neighbors, which adds to its value proposition.
2. How does the lot size impact the property?
The land area of 2,346 sqft is below average for the area and city. This means a smaller yard, which translates to less outdoor maintenance. It’s a trade-off: you gain a modern, spacious interior but have limited private outdoor space.
3. What does the "Elite" ranking for Year Built mean?
While the build year (2023) is average for its street, it ranks in the top 4% for the North Inkster Industrial area and top 1% city-wide. This highlights that the home is significantly newer than most properties in Winnipeg, a key advantage for systems, efficiency, and modern building standards.
4. What was the previous sale price?
The home sold in October 2023 for a price between $400,000 and $450,000. The current assessed value of $437k falls within that range, indicating market stability. For the exact sale price, you can request a manual lookup from the site.
5. Who would this property not suit?
It may not be ideal for buyers seeking a large garden, extensive outdoor entertaining space, or those who prefer established, tree-lined neighborhoods with older character homes. The compact lot and industrial-area setting are important considerations.