Property Overview: 74 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This home at 74 Indra Crescent is a modern, low-maintenance property built in 2023, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its efficient design and contemporary construction. With 1,615 sqft of living space, it offers above-average roominess for the city and is notably the largest home on its own street. The assessed value of $425k is consistently average across all comparison levels, suggesting a stable, market-aligned valuation.
The property suits buyers seeking a newer build who want to avoid the immediate repairs or renovations often needed with older homes. It’s particularly well-matched for first-time homeowners or downsizers who prioritize modern interiors and mechanical systems over a large lot. A thoughtful perspective is that while the lot size is generous for the street, it is more compact compared to typical city lots. This translates to less yard upkeep—a perk for some—but may limit expansion or landscaping possibilities. Its strong rankings for living area and year built, especially within the immediate neighbourhood, indicate it stands out as a spacious and modern option in a developing area.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $425,000 is very close to the average on its street ($428.5k) and is moderately below the average for the broader North Inkster Industrial area ($484.4k). This position suggests it may offer relative value within the neighbourhood.
2. What does the "Elite" ranking for year built mean?
An "Elite" top 4% ranking in the area and top 1% city-wide for its 2023 build year confirms it is one of the newest homes available. This typically implies modern building codes, energy efficiency, and minimal wear and tear.
3. Is the lot size a concern?
The 3,274 sqft lot is above average for Indra Crescent but below the Winnipeg city average. It provides adequate private outdoor space but is not suited for those wanting extensive gardens, large decks, or future additions that require significant land.
4. What can the past sale price tell me?
Records show it sold between $450k-$500k in October 2023. This recent sale provides a concrete benchmark for its market price just over a year ago, which can be a useful reference point for current valuation.
5. How accurate is this data, and where can I get verified figures?
The data is compiled from public sources and is considered reasonably reliable for comparison. For fully verified transaction histories and exact sale prices, you must request a manual lookup from the site via email, as MLS records are not published here.