Property Overview: 132 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2023, offering the appeal of a nearly new property with contemporary building standards and systems. Its 1,615 sqft living space is efficiently sized, ranking above average city-wide, making it suitable for small families, couples, or professionals seeking a turn-key home without excessive upkeep.
The primary appeal lies in its balance of new construction and value. While its assessed value ($446k) is around the average for its immediate street and North Inkster Industrial area, it stands as an above-average offering compared to the wider Winnipeg market, where home ages are significantly older. This positions it as a modern alternative in a city with a predominantly older housing stock. The lot size (3,068 sqft) is compact, which translates to less yard maintenance—a plus for busy buyers—but may be a consideration for those wanting extensive outdoor space.
This property would best suit pragmatic buyers who prioritize modern interiors, energy efficiency, and minimal immediate repair needs over a large lot or established neighbourhood character. It’s a strong fit for first-time homeowners looking for a contemporary layout or downsizers seeking a newer, single-level living option without the premium often attached to infill properties in more central neighbourhoods.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is above the city-wide average, but it’s competitively priced within its own neighbourhood and street. You are paying a premium for the 2023 build year compared to the typical Winnipeg home, but not an outlier premium for the immediate area.
2. What are the implications of the smaller lot size?
At approximately 3,068 sqft, the lot is below the city-wide average. This means lower maintenance and potentially lower property taxes tied to land value, but also limited space for expansions, large gardens, or extensive outdoor recreation. It reflects a more efficient, modern land use.
3. Is this part of a new development?
Given the 2023 build year and the cluster of nearby homes on Cheema Drive with similar recent build dates or assessments, it is very likely part of a recent subdivision or development phase in the North Inkster Industrial area.
4. What does “North Inkster Industrial” indicate about the neighbourhood?
This designation suggests a mixed-use or light industrial area, which may offer proximity to employment hubs and major transportation routes. Buyers should consider the typical sights, sounds, and traffic patterns associated with an industrial zone versus a purely residential one.
5. Where can I find verified past sale prices for this home?
The provided data indicates a sale in February 2023. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules.