Property Overview: 254 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2023, offering the appeal of a nearly new build with contemporary finishes and systems. Its primary strength is its efficient use of space: at 1,615 sq ft, the living area is above average for Winnipeg overall, providing comfortable room within a manageable footprint. This efficiency is reflected in the assessed value of $418k, which sits below the immediate area's average, potentially offering good value for a newer home.
The appeal lies in its balance. Buyers gain a modern property without the premium often attached to newer homes citywide, while benefiting from a size that outperforms many older city homes. A thoughtful perspective is that the compact, below-average land area (2,544 sq ft) translates to less yard upkeep—a plus for those seeking a modern lifestyle without weekend yard work. This profile suits first-time buyers or downsizers looking for a turnkey, energy-efficient home in the North Inkster Industrial area, particularly those who prioritize interior space and modern amenities over a large yard.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The home’s assessed value is in the lower third for Cheema Drive, where averages are higher. This suggests it may offer a relative value opportunity for a newer build on this street.
2. What does the "Elite" ranking for year built mean?
It indicates this home is among the newest 1-5% of homes citywide and top 4% in the local area. You are unlikely to find many homes of more recent construction.
3. How does the lot size impact living here?
The lot is compact, which minimizes maintenance. However, it offers less private outdoor space and potential for expansion compared to many area homes, which is a typical trade-off for newer infill properties.
4. The sold price shows a range from 2023. Can I get the exact figure?
Exact sold prices are not published online per industry rules. You can request the precise transaction history via email from the site, which they provide manually.
5. What is the neighbourhood context?
North Inkster Industrial is a developing area with many newer homes. This property is among the newest, but its living area and value are generally average for this specific, modernizing neighbourhood.