Property Summary: 69 Squire Place, Winnipeg
Key Characteristics & Appeal
This 1,533 sqft home, built in 2016, presents a practical and modern living space within Winnipeg's North Inkster Industrial area. Its primary appeal lies in its efficient, contemporary layout paired with a manageable scale. The home offers above-average interior space for its immediate street and when compared to the city-wide average, suggesting a well-utilized floor plan. With an assessed value of $386k, it sits at a moderate point—neither the highest nor lowest on the street—which can indicate a stable entry point into a newer construction area.
The property is best suited for buyers seeking a low-maintenance, modern home without the premium often attached to newer builds in more established neighbourhoods. It would fit a first-time buyer, a small family, or an investor looking for a relatively recent build with a decade of wear already accounted for. A thoughtful perspective is that while the lot size is smaller than most in the wider area and city, this translates to less exterior upkeep, a potential benefit for those prioritizing interior space and ease of maintenance over extensive yard work. Its value positioning suggests it’s a pragmatic choice rather than a standout luxury purchase, ideal for someone focused on solid fundamentals.
Frequently Asked Questions
1. How does this home's value compare to its neighbours?
The assessed value of $386k is slightly below the average on Squire Place ($410.1k) and notably below the average for the broader North Inkster Industrial area ($484.4k). This suggests the property may offer a more accessible price point within a neighbourhood of generally higher-valued homes.
2. Is the living space considered large for the area?
Yes. With 1,533 sqft, it ranks in the top 10% for living area on its own street and is above the city-wide average. For its specific neighbourhood, it is very close to the average size, indicating it provides a comfortable amount of space that is competitive locally.
3. What are the implications of the lot size?
The land area of 2,754 sqft is smaller than most lots in the wider community and city. This means a more compact yard, which requires less maintenance but also offers less private outdoor space. It’s a trade-off that emphasizes the home itself over the land.
4. Since it sold in 2016, what can that price history tell me?
The previous sale price (shown as a range between $250k-$300k in 2016) provides a baseline for its original purchase price. Comparing this to the current assessed value can give a general sense of market appreciation over the last decade, though a professional appraisal is needed for an exact current market value.
5. How modern is this home compared to Winnipeg overall?
Built in 2016, this home is significantly newer than the Winnipeg city-wide average home (built around 1966). It ranks in the top 6% city-wide for year built, meaning it is among the newer homes in the entire city, which typically suggests newer building materials, systems, and design.