Property Overview
26 Indra Crescent is a modern, single-family home built in 2023, located in Winnipeg's North Inkster Industrial area. The home offers 1,615 sqft of living space on a 2,599 sqft lot, with a current assessed value of $417,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its modern construction and efficient use of space. As a 2023 build, it is among the newest homes in the wider city, potentially minimizing immediate repair costs and incorporating contemporary building standards. The living area is notably spacious for its immediate street, ranking in the top 3% among the 35 homes on Indra Crescent. This suggests a well-sized interior compared to its closest neighbors.
However, the property presents a nuanced value proposition. The assessed value is slightly below the street average, which could indicate a value opportunity in a newer home. The lot size is compact, especially when compared to the broader city and area averages. This makes the property well-suited for buyers seeking a modern, low-maintenance home without the upkeep of a large yard—ideal for professionals, small families, or investors looking for a relatively new rental property. Its appeal is for those who prioritize interior space and modern amenities over expansive outdoor land.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The assessed value of $417k is below the street average of approximately $428.5k, while the living space is above the street average. This discrepancy could represent a value opportunity, but it’s important to investigate reasons for the lower assessment through a viewing and potential inspection.
2. What does the "North Inkster Industrial" neighbourhood mean for living here?
This designation typically indicates a mixed-use area. Residents should be prepared for the potential of light industrial or commercial activity nearby, which may influence traffic patterns, noise levels, and the overall character compared to purely residential suburbs.
3. How does the small lot size impact the property?
The 2,599 sqft lot is significantly smaller than the Winnipeg city average. This means lower outdoor maintenance but also limited private outdoor space. It’s crucial to assess if the yard meets your needs for recreation, gardening, or entertaining.
4. The home sold recently in 2023; why is it back on the market?
A resale after only a short period isn’t inherently a red flag but warrants inquiry. Reasons can range from a change in the owner’s personal circumstances to dissatisfaction with the property. It’s a point to discuss with your agent.
5. How reliable are the sold price ranges shown?
The site notes that sold price data is from public sources and is shown in $50k bands for non-members. For exact, verified sale figures, you must request them directly from the site or consult with a real estate agent who has access to complete MLS transaction history.