Property Overview: 230 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2023, offering a move-in-ready condition with the benefits of a new build, such as contemporary building standards and likely remaining warranty coverage. With 1,615 sqft of living space, it provides ample room for a small family or couple and is notably larger than the average Winnipeg home. Its primary appeal lies in this combination of new construction and efficient interior space within the North Inkster Industrial area.
The data presents a nuanced value proposition. The home's assessed value ($412k) is below average for its immediate street but aligns more closely with area and city-wide averages. This suggests the potential for relative value within a newer building cohort. A key trade-off is the lot size (2,602 sqft), which is compact compared to most homes in Winnipeg. This translates to minimal yard upkeep—a plus for those seeking a lock-and-leave lifestyle—but less private outdoor space.
This property would best suit first-time homebuyers or downsizers who prioritize a modern, interior-focused home over a large yard. It’s also a practical fit for buyers who value newer construction and want to avoid immediate major repairs, and who are comfortable in a developing industrial-area community.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The assessed value is below the average on Cheema Drive itself, but is competitive when compared to the wider North Inkster area and the entire city. This indicates you may be getting a modern home at a value-oriented entry point for a new build.
2. What are the implications of the smaller lot size?
The lot is significantly smaller than the Winnipeg average. This means lower maintenance and potentially lower property taxes, but also limited outdoor private space for gardening, play, or expansions like a large deck or garage.
3. As a 2023 build, what should I check regarding its history?
While being nearly new is a major advantage, it's wise to inquire about the builder's reputation, the status of any remaining new home warranty, and if all municipal inspections and final certifications were completed.
4. How does the "North Inkster Industrial" area affect livability?
Consider the balance of a potentially more affordable, newer home against the character of an industrial zone. Proximity to transportation and employment hubs can be a benefit, but it's important to personally assess noise levels, traffic patterns, and nearby amenities for daily life.
5. The sold price history shows a range. How can I get the exact figure?
The displayed sold price is an estimated range. To obtain the exact historical sale price for a precise comparison, you must request a manual lookup from the site via email, as they do not publish MLS data directly.