Property Overview: 43 Indra Crescent, Winnipeg
Section 1: 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 status and strong assessed value relative to its immediate surroundings. At 1,269 sqft, the living space is compact compared to newer homes in the local area but is close to the city-wide average. The lot size of 3,052 sqft is generous for its specific street.
A key standout is its financial positioning. With an assessed value of $471,000, it ranks in the top 3% on its own street and above average city-wide, suggesting it is a higher-value property in its micro-neighbourhood. This creates an interesting dynamic: you're purchasing one of the newest and most highly assessed homes on the block, which can offer a sense of modern comfort and potential stability in a developing area.
This property would suit a first-time buyer or downsizer looking for a low-maintenance, modern home without a premium city-wide price tag. It also appeals to the value-conscious buyer who understands that being a "top-tier" property on a modest street can sometimes offer more upside than an average home in a more established, expensive area. The recent sale in 2024 indicates a active, current market.
Section 2: Frequently Asked Questions
1. Is the living area smaller than other nearby homes?
Yes. The home's living area is below the average for both its immediate street and the broader North Inkster Industrial area, but is close to the average for the entire city. This indicates a efficient, modern layout in a neighbourhood where recent builds tend to be larger.
2. Why is the assessed value so high for the street?
At $471,000, it has the highest assessed value on Indra Crescent. This is likely due to its new construction (2024), as newer homes typically have higher assessments due to modern materials, systems, and building codes.
3. What does the "North Inkster Industrial" neighbourhood imply?
This designation suggests a mixed-use area, likely with both residential properties and light industrial or commercial businesses nearby. Buyers should visit at different times to assess noise, traffic, and the overall character that suits their lifestyle.
4. How recent is the sale data, and why is it a range?
The property sold between August 2024 and April 2025 for an estimated $350,000-$400,000. The exact price is not publicly disclosed online; the site provides a verified figure upon request to comply with real estate data regulations.
5. How does the lot size compare?
The lot is above average for its street but below the city-wide average. This is common for newer infill developments. It offers a decent outdoor space for the area but not the larger yard found in older, suburban neighbourhoods.