Property Overview
89 Cheema Drive is a modern, well-sized home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers a move-in-ready condition with the benefits of a recent build, including contemporary construction standards and likely minimal immediate maintenance. With 1,713 square feet of living space, the home provides ample room for a small family or professionals needing a home office. Its assessed value of $592,000 positions it as a premium property within its immediate neighbourhood and across the wider city, indicating strong perceived value.
The appeal lies in its balance of new construction and established community context. While the lot size is more compact compared to the Winnipeg average, it is typical for the area, suggesting a lower-maintenance yard. The home’s value stands out significantly against city-wide averages, offering modern amenities without the premium often attached to newer infill developments in more central neighbourhoods. It would suit buyers looking for a turnkey property who prioritize modern interiors and systems over a large garden, and who see value in a home that already ranks highly in assessed value within its market.
A less obvious perspective is the trade-off: you gain a new, efficient home but with less outdoor space than older city properties. Additionally, its "above average" value ranking means you’re buying into a higher tier within the area, which could influence future resale and equity.
Frequently Asked Questions
1. How does the lot size compare to other homes?
The lot of 3,959 sq ft is average for Cheema Drive and the North Inkster Industrial area, but below the city-wide average. This typically means a manageable yard with less upkeep.
2. Is the sold price history available?
Exact sold prices are not published on the site due to industry rules. The listed range is from public data. For verified, exact transaction history, you must request a manual lookup via email from the service.
3. What does the "Elite" ranking for Year Built mean?
Being in the top 1-5% city-wide for year built (2023) means this is one of the newest homes available in Winnipeg, offering modern building codes, materials, and energy efficiency.
4. Who would this property best suit?
It’s ideal for buyers seeking a modern, low-maintenance home in a developed area. It fits small families or professionals who value new construction and are comfortable with a higher assessed value that reflects its condition and desirability.
5. How does its value hold up in the area?
With an assessed value ranking in the top 14% of its local area and top 9% city-wide, this property is considered a higher-value home. This suggests it should hold its value well, but property taxes will likely reflect this premium assessment.