Property Overview: 32 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This modern, two-year-old home in North Inkster Industrial stands out for its above-average size and value in a newer development area. With 1,919 sqft of living space, it offers more room than most homes on its street, in the wider area, and across Winnipeg. Its assessed value of $608,000 is consistently in the top tiers for comparison, indicating a premium valuation for its specifications.
The primary appeal lies in acquiring a like-new property with minimal maintenance concerns and modern building standards. It represents a turnkey opportunity in a neighbourhood where many homes are newer, offering a sense of community among similarly aged properties. A thoughtful perspective is its city-wide standing: while the lot size is modest compared to Winnipeg’s older neighbourhoods, the home itself is in the elite top 1% for its newness compared to the city’s overall housing stock, which averages an age of nearly 60 years. This suits buyers looking for a modern, spacious interior without the upkeep of an older home or the desire for a large yard. It would particularly fit professionals, small families, or investors seeking a contemporary property with strong assessed value metrics in a developing area.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its recent sale price?
The home sold in December 2022 for between $600,000 and $650,000. Its current assessed value of $608,000 falls within that range, suggesting the assessment aligns with its recent market transaction.
2. Is the lot size a limitation?
At just over 4,000 sqft, the lot is average for the immediate street and area but below the city-wide average. This is typical for newer subdivisions. It suits those who prefer lower yard maintenance but may not appeal to those wanting extensive outdoor space.
3. What does the "Elite" ranking for Year Built city-wide mean?
It highlights that a home built in 2022 is exceptionally new compared to Winnipeg’s overall housing inventory, where the average home was built in 1966. This is a key marker of modern construction and likely newer systems.
4. Are the sold prices shown on the site the exact figures?
No. The publicly available data shows a price range. To obtain the exact historical sold price, you must request a manual lookup from the site via email, as they do not display MLS records.
5. The home is listed in an "Industrial" neighbourhood—what does that mean for living here?
North Inkster Industrial is a residential neighbourhood within a larger area designated for mixed use. The immediate context appears to be residential, as evidenced by the surrounding similar homes on Cheema Drive, but buyers may wish to research the broader area’s zoning and future development plans.