18 Namarik Way

Property Overview: 18 Namarik Way, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern, low-maintenance property built in 2023. Its key strength is its above-average size and newness compared to most of Winnipeg. With 1,856 sqft of living space, it ranks within the top 15-30% of homes city-wide and in the neighbourhood for square footage. It features a renovated basement and an attached garage.

The primary appeal lies in its move-in-ready condition and modern construction, offering contemporary efficiencies without the need for immediate updates. The property sits on a smaller, manageable lot (3,569 sqft), which translates to less yard work—a plus for some, but a consideration for those wanting extensive outdoor space. Its assessed value positions it well above the city average, suggesting a premium for its newness and location within a newer community.

This home would best suit buyers seeking a modern, spacious interior without the upkeep of an older home or a large yard. It’s ideal for professionals, small families, or downsizers who prioritize interior space and modern amenities over expansive land. The data indicates it offers a relative rarity: a newer home that is larger than the Winnipeg norm.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
The lot is 3,569 sqft, which is below the city-wide average. This means lower maintenance but less private outdoor space compared to many older neighbourhoods.

2. Is the home’s value consistent with the area?
Yes. Its assessed value is in the top 19% for Fraipont and the top 13% city-wide, reflecting its newer build and above-average living area for the market.

3. What does the "renovated basement" likely refer to in a 2023 home?
Given the home's age, this typically indicates the basement was finished by the builder or a previous owner shortly after construction, making it a fully livable space from the start.

4. How does this home rank on its own street?
On Namarik Way, it ranks above average for living space and value, and is average for lot size and year built, indicating it's a solidly positioned property within its immediate peer group.

5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from October 2023 is available by request from the listing service, which provides it manually via email.