Property Overview: 96 Indra Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2023, offering a practical and efficient living space. Its primary appeal lies in its contemporary construction and above-average interior space relative to many Winnipeg homes. With 1,615 sqft of living area, it ranks in the top 3% on its own street and top 25% city-wide for size, providing generous room in a newer build. The assessed value of $415k is around the city-wide average, suggesting a market-aligned price point.
The property is best suited for buyers seeking a turn-key, modern home without the concerns of older infrastructure. It fits first-time homeowners or downsizers who prioritize interior space and new builds over a large yard, as the lot is compact (2,346 sqft). A thoughtful perspective is its positioning in the North Inkster Industrial area: while the lot size is below average for the neighbourhood and city, this contributes to a lower-maintenance exterior and may appeal to those with busy lifestyles. The data indicates you are paying primarily for a modern, spacious interior rather than land.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its recent sale price?
The home sold between $400k-$450k in late 2023, and its current assessed value is $415k. This alignment suggests the assessment is closely reflective of its recent market transaction.
2. Is the lot size a significant drawback?
The land area is notably smaller than most in Winnipeg (top 98%, meaning only 2% of city lots are smaller). This limits extensive landscaping or large outdoor additions but translates to less yard work and lower maintenance costs.
3. Why is the assessed value “below average” on its own street?
On Indra Crescent, the home ranks 29th out of 35 for assessed value. This is likely because it is a newer build on a smaller lot compared to neighbouring properties, which may have larger lots or different features that increase their assessed value.
4. What are the advantages of such a new build (2023)?
A 3-year-old home typically means modern building codes, energy-efficient fixtures, and minimal immediate repair costs. Major components like the roof, HVAC, and appliances should be under warranty or have significant life remaining.
5. How can I get the exact historical sold price?
The site provides sold price ranges for privacy. You can request the exact sale figures via email, and their team will manually look up and provide the verified transaction history, typically by the end of the same business day.