Property Overview: 85 Squire Place, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1,492 sqft home, built in 2016, presents a practical and modern living option within Winnipeg’s North Inkster Industrial area. Its primary appeal lies in its balance of relative newness and manageable scale. The 2016 build date means major systems and finishes are contemporary, likely requiring less immediate upkeep than the city’s much older average home. With an assessed value of $399k, it sits slightly above the city-wide average for value, but notably below the average for its immediate area, suggesting a potentially more accessible entry point into this specific neighbourhood.
The home’s characteristics point to efficient, low-maintenance living rather than expansive space. The lot size is compact compared to both area and city-wide averages, which translates to less yard work. Similarly, the living area is modest but functional, ranking closer to the city’s average home size. This profile suits first-time buyers, small families, or professionals seeking a modern, turn-key property without the upkeep of a larger lot or an older structure. It’s a pragmatic choice for those who prioritize a newer build and financial predictability over maximum square footage or land.
Frequently Asked Questions
1. How does this property’s value compare to nearby sales?
Based on available data, a home in this location sold between $400k-$450k in June 2021. The current assessed value of $399k is below the average for the North Inkster Industrial area, which may indicate a value-oriented position within the neighbourhood.
2. What are the trade-offs of the smaller lot size?
The lot is compact (2,754 sqft), which means lower maintenance and less outdoor upkeep—a benefit for those with busy lifestyles. However, it offers less private outdoor space and potential for expansion than larger lots in the area.
3. Is this a newer home compared to most in Winnipeg?
Yes, significantly. Built in 2016, it is newer than approximately 94% of homes across Winnipeg, where the average build year is 1966. This typically suggests modern building standards and younger major components like the roof, HVAC, and windows.
4. What does the assessment data tell me about the neighbourhood?
The home’s assessed value is below the area average but above the city average. This suggests North Inkster Industrial may generally have higher-value homes, making this property a comparatively more moderate option within that specific market.
5. How can I verify the exact historical sale prices?
The provided sold price is a range from public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed directly.