Property Overview
16 Indra Crescent presents a modern, efficiently designed home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers a move-in-ready condition with the benefits of a newer build, including contemporary construction standards and minimal immediate maintenance. The 1,615 sqft living space is notably spacious for its immediate street, ranking in the top 3% of the neighbourhood. This creates an appealing dynamic: you get a larger-than-average home for the area within a modern shell.
The appeal lies in this balance of space, age, and value. While the lot size is more compact compared to wider city averages, this often translates to less yard upkeep. The assessed value sits consistently around the average for its street, area, and the broader city, suggesting a stable, market-aligned valuation. It’s a property that suits buyers looking for a modern, low-maintenance home without sacrificing interior square footage. It would particularly fit first-time buyers or professionals seeking a contemporary living space, or investors attracted to a newer asset in an industrial-adjacent area with potentially lower maintenance costs.
A less obvious perspective is its context within a newer development pocket. Being among newer homes on the street and in the top 4% for year-built in its area, it likely offers more uniform streetscape aesthetics and similar-aged neighbouring properties, which can be preferable for some. The data also suggests that while the home itself is spacious for its locale, the trade-off for that modern interior space is a more modest outdoor area.
Frequently Asked Questions
1. Is this a good value compared to other homes?
The assessed value of $424k is consistently around the average for its immediate street, the North Inkster Industrial area, and city-wide. This indicates it is priced in line with the market, neither significantly over nor under-valued based on official assessment.
2. What are the main advantages of this home?
Its primary advantages are its modern build (2023) and efficient use of space. The living area is generous for the neighbourhood, ranking very high on its street. This means you get a newer home with less worry about major repairs and a spacious interior layout.
3. How does the lot size impact the property?
The land area of 2,599 sqft is below average for the broader area and city. In practice, this means a smaller yard, which requires less maintenance but also offers less private outdoor space. It’s a trade-off that prioritizes the home's interior and modern build over expansive land.
4. What is the neighbourhood like?
It's located in the North Inkster Industrial area. The property data shows many nearby homes are of a similar recent vintage, suggesting a newer subdivision or development pocket. Buyers should consider the implications of an "Industrial" zone designation, which may involve proximity to commercial or light industrial activity.
5. How can I verify the exact past sale prices?
The site notes that exact sold prices are not displayed publicly due to industry rules. They offer a manual lookup service where you can request the exact transaction history via email, which they will provide without using your email for marketing.