7 Indra Crescent

Property Overview: 7 Indra Crescent, Winnipeg

Key Characteristics & Appeal

This property is a modern, low-maintenance home built in 2024, offering a move-in-ready opportunity in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, which means modern building standards, minimal immediate repair costs, and contemporary finishes. With 1,348 sqft of living space and an assessed value of $420k, it presents a competitively priced option for a newer home.

The home suits first-time buyers or downsizers seeking a modern, manageable property without the worries of an older home's upkeep. Its lot size (2,632 sqft) is notably efficient—smaller than many in the wider city and area, which translates to less yard maintenance, a potential plus for those prioritizing indoor living space over extensive outdoor chores. A thoughtful perspective is its positioning within a very new streetscape (it ranks #1 of 35 on its street for year built), suggesting a uniform, modern neighbourhood character that may appeal to those who value consistency and newer infrastructure.

Frequently Asked Questions

1. How does the property’s value compare to its neighbours?
The home’s assessed value is around average for its immediate street and the broader North Inkster Industrial area. Interestingly, it sits above the city-wide average assessed value, indicating it may offer more modern amenities than the typical Winnipeg home, which is much older on average.

2. What are the implications of the smaller land area?
The lot is efficient, larger than most on its street but smaller than the average for the wider area and city. This typically means lower maintenance and potentially lower property taxes tied to land value, but less private outdoor space.

3. Is the sold price data available?
Exact sold prices are not publicly displayed due to industry rules. The site provides a sold price range (CA$400k–450k for 9/2024) and offers to manually provide exact figures via email upon request.

4. Who would this property not suit?
It may not suit buyers looking for a large yard, extensive garden space, or a home with significant value tied to land size. Those seeking a character home or a project for renovation would also likely look elsewhere.

5. What does the "Elite" ranking for year built mean?
This indicates the home is among the newest 1-3% of comparable properties not just on its street, but across the entire North Inkster Industrial area and the city of Winnipeg. It highlights a key advantage of minimal wear and modern construction.