Property Overview: 81 Cheema Drive, 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 status, offering move-in readiness with the benefits of contemporary building standards and minimal immediate maintenance. With 1,678 sqft of living space, it provides above-average roominess compared to the typical Winnipeg home, while the assessed value of $554k positions it as a premium property city-wide.
The home suits buyers seeking modern convenience without a custom build, particularly those who value newer infrastructure and efficiency. A thoughtful perspective is its positioning within its immediate context: while its size and value are around average for its own street and neighbourhood, it stands out significantly when compared to the broader city's older housing stock. This suggests you are buying into a relatively new and consistent area rather than an outlier. The lot size (3,962 sqft) is smaller than the city average, indicating a lower-maintenance yard, which could be a pro for those wanting a newer home without extensive landscaping duties.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $550k-$600k in October 2024, which aligns closely with its $554k assessed value. This suggests the sale was in line with municipal valuation at that time.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 1-2% of properties not just on its street, but across the entire North Inkster Industrial area and the city of Winnipeg. It is a genuinely recent build in a broader market of older homes.
3. Is the lot size a concern?
The lot is smaller than the Winnipeg average but is fairly typical for its own neighbourhood and street. It prioritizes the home's living space over extensive outdoor land, which suits a low-maintenance lifestyle.
4. Who are the typical neighbours?
The immediate area on Cheema Drive consists of similarly aged homes (averaging just a year older), with comparable assessed values and living areas. This points to a street with uniform, modern development.
5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry rules. You can request the precise figure by emailing the site directly for a manual lookup, which they provide without using your email for marketing.