Property Overview
23 Inez Crossing is a modern, newly built home offering a compelling mix of citywide appeal and neighborhood value. Its standout feature is its 2024 construction, placing it among the newest homes not just on its street, but in the entire city of Winnipeg. With 1,695 sqft of living space, it feels spacious compared to the typical Winnipeg home, yet it is situated on a more compact, low-maintenance lot. The assessed value of $546k positions it as a premium property citywide, but notably below the average for the Waverley West B neighborhood, suggesting a value opportunity within that area.
Key Characteristics & Appeal
This home’s primary appeal lies in its turn-key, modern condition, eliminating concerns about immediate repairs or outdated systems. It suits buyers seeking a new build without the wait, who prioritize interior space and modern finishes over a large yard. The data reveals a thoughtful perspective: while the lot size is smaller than most in the city, this translates to less upkeep, appealing to busy professionals, small families, or those looking to downsize without sacrificing living space. Its value is nuanced—it’s a top-tier property compared to the whole city, yet it sits in a neighborhood where it is assessed below the local average. This could attract savvy buyers looking for a relatively newer home in an established area without paying the peak neighborhood premium. It’s an ideal fit for first-time buyers moving up from a starter home, or for city dwellers accustomed to smaller lots who want a modern, spacious interior in a suburban setting.
Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it is. While its assessed value is above the Winnipeg average, it is actually below the average for the Waverley West B neighborhood. This indicates you may be getting a newer, well-sized home for less than the typical cost in this specific community.
2. What are the trade-offs with the smaller lot size?
The lot is compact compared to most in the neighborhood and city. The benefit is significantly reduced yard maintenance. The potential trade-off is less private outdoor space for gardening or recreation, which is worth considering if that is a priority.
3. How does the living area compare to nearby homes?
At 1,695 sqft, the living space is very close to the average for Inez Crossing street itself. However, it is notably larger than the average Winnipeg home, meaning you get more interior space than most city properties, but are in line with the immediate vicinity.
4. What does the "Elite" ranking for year built mean?
This is the home’s strongest feature. It is ranked in the top 3% on its street and in the neighborhood, and in the top 1% citywide for how recently it was built (2024). You are essentially getting one of the newest homes available on the market.
5. Why is the citywide ranking for assessed value so high?
A ranking in the top 13% citywide means this home’s assessed value is higher than 87% of comparable properties in Winnipeg. This reflects its new construction, size, and overall quality compared to the broader market, which includes many older homes.