Property Overview
110 Sawka Bay is a modern, single-family home built in 2022, located in Winnipeg's North Inkster Industrial area. With 1,472 sqft of living space on a 4,820 sqft lot, it presents a turn-key property in a newer development.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of new construction benefits and established value. As a 2022 build, it ranks in the top 1% city-wide for age, meaning buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance. The assessed value of $447k is notably above average for its immediate street and city-wide, suggesting a strong perceived value relative to its peers.
The lot size is a significant asset within its local context, ranking in the top 10% on Sawka Bay. This provides more outdoor space than many neighbouring properties, a valuable feature in newer subdivisions where lots are often smaller. While the living area is slightly below the average for the broader North Inkster Industrial area, it is competitively sized for the city overall, indicating a efficient, modern layout.
This property would suit first-time buyers or young families seeking a move-in-ready home without the worries of older infrastructure. It also appeals to value-conscious buyers who appreciate a newer home in a price segment that performs well against local benchmarks. The above-average lot size offers a less obvious advantage for those who prioritize private outdoor space or future expansion potential over sheer interior square footage.
Frequently Asked Questions
1. How does the property’s value compare to nearby recent sales?
The home last sold between $400k-$450k in May 2022. Its current assessed value of $447k is above the average for its street ($415k) and the city-wide average ($390k), indicating appreciation and a strong position in its micro-market.
2. What are the potential drawbacks of the North Inkster Industrial area?
As the name implies, the area may have a mix of residential and light industrial uses. Buyers should consider the typical traffic patterns, ambient noise, and the character of immediate neighbouring properties, which can differ from purely residential neighbourhoods.
3. Is the living space sufficient for a growing family?
At 1,472 sqft, the home is near the city-wide average. Its modern layout likely optimizes the space, but buyers with specific needs for multiple large bedrooms or dedicated living areas should carefully review the floor plan against their requirements.
4. What does the above-average lot size mean for me?
The 4,820 sqft lot is larger than most on the street. This provides more yard space for recreation, gardening, or storage. It could also offer better privacy from neighbours and more flexibility for future additions like a deck, shed, or expanded parking.
5. Where can I get verified historical price data?
The provided 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 this information is not sourced from the MLS.