Property Overview: 39 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This is a modern, two-year-old home (built 2024) in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering move-in readiness with contemporary building standards and minimal maintenance concerns in the near term. With 1,348 sqft of living space, it provides comfortable room for a small family or couple, sitting at a practical size that is very close to the city-wide average.
The property presents an interesting value perspective. Its assessed value of $442k is notably above average for its immediate street and the city overall, suggesting it is a premium offering in its local context. However, the lot size of 2,632 sqft is compact, especially when compared to larger plots typical in other parts of the city. This creates a specific profile: a modern home with updated features on a lower-maintenance yard, positioned in a developing area.
This home would suit first-time buyers or downsizers seeking a newer build without the premium often attached to established neighbourhoods. It’s also a practical fit for those who prioritize interior space and modern amenities over a large garden. The data indicates it may appeal to a value-conscious buyer who understands they are paying more for the structure's newness than for land size.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $350k-$400k in September 2024, which is below its $442k assessed value. This is not uncommon, as assessed values for tax purposes and market sale prices can differ based on timing and market conditions.
2. Is the lot size a concern?
The yard is compact, ranking below average for the broader area and city. This is a trade-off for the new home. It means less outdoor maintenance but also less private outdoor space, which is an important consideration for those with children, pets, or who enjoy gardening.
3. What does "North Inkster Industrial" mean for the neighbourhood?
This designation typically indicates a mixed-use area that may include light industrial, commercial, and residential properties. Buyers should visit to gauge the surroundings, traffic patterns, and overall ambiance to ensure it matches their lifestyle expectations.
4. Why is the assessed value so high compared to nearby homes?
The assessed value reflects the property's very recent construction. Newer homes with modern materials, systems, and finishes typically command higher assessments than older homes in the same vicinity, as seen with the comparable listings on Cheema Drive.
5. Where can I get verified sale history for this property?
The provided data is based on public records, not the MLS. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the direct display of MLS sold data here.