Property Overview: 116 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This home at 116 Indra Crescent is a modern, low-maintenance property built in 2023, offering a turn-key solution in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its efficient and contemporary design. The 1,615 sqft living space is notably above average for the city and is the largest on its street, providing generous interior room within a newer build. This contrasts with a significantly smaller-than-average land area (2,345 sqft), indicating a focus on the home itself rather than extensive outdoor space.
The property suits buyers seeking a modern home without the concerns of an older structure, such as imminent major repairs or outdated systems. It’s ideal for professionals, small families, or downsizers who prioritize a spacious, new interior over a large yard. The assessed value ($431k) is consistent with its immediate street and area, suggesting it is priced in line with its local market, while being above the Winnipeg city average, reflecting its newer condition.
A thoughtful perspective is that this home represents a specific trade-off: maximum modern interior space on a minimal lot. It appeals to those who value low outdoor upkeep and modern efficiencies, but would not suit buyers wanting gardening space, privacy, or room for expansions like a large deck or garage.
Frequently Asked Questions
1. How does the lot size impact living here?
The lot is compact, which means minimal yard maintenance but also limited private outdoor space. It's a practical fit for those who don't prioritize gardening or large outdoor gatherings, but worth considering if you have pets or children who need room to play.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $431k is for municipal tax purposes. Notably, the home sold in January 2024 for between $450k and $500k, which can be a more current benchmark, though market conditions change. The assessed value is very close to the street average, suggesting it's not an outlier in the neighbourhood.
3. What does "North Inkster Industrial" mean for the neighbourhood feel?
This area is a mix of residential and light industrial uses. It typically offers more affordable land and newer homes (this house is in the top 4% newest for the area) but may have less established greenery and a different streetscape compared to purely residential subdivisions.
4. How does the living area compare to typical Winnipeg homes?
At 1,615 sqft, the interior is quite spacious, ranking in the top 25% city-wide. You get more interior room than in the average Winnipeg home (1,342 sqft), which is a key advantage of this property.
5. Where can I find the exact historical sale price?
The provided data shows a sold price range. Due to industry rules, exact sale figures are not published online here. You can request the exact sold price history by email through the site for a manual lookup.