Property Overview: 103 Old Commonwealth Path, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Inkster Gardens presents a compelling blend of modern build and established community. Built in 2017, it is a notably newer property compared to much of Winnipeg's housing stock. With 1,410 sqft of living space, it offers above-average roominess for its immediate street and is in line with the citywide average. A key standout is its assessed value of $420k, which ranks in the top 12% on its own street, suggesting it is perceived as a premium property in its micro-location.
The appeal lies in its balance. You get a contemporary home that likely requires less immediate upkeep, set on a manageable 2,581 sqft lot—larger than most on the street but smaller than typical city lots, which translates to less yard maintenance. The detached garage adds flexibility. It suits buyers seeking a modern, move-in-ready home without the premium of a brand-new build, and who value a property that holds strong comparative value within its specific neighbourhood. It would also appeal to those who prefer a more efficient lot size, freeing up time for other pursuits.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s $420k assessed value is above average for Old Commonwealth Path and aligns with the average for the broader Inkster Gardens area. This indicates it is a solid, valued property within its community.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents a blank canvas for future expansion or storage but would require investment to develop into living space.
3. What are the lot size implications?
At 2,581 sqft, the lot is larger than most on the street but below the average for both Inkster Gardens and Winnipeg overall. This means less exterior maintenance than a larger property, but also less private outdoor space.
4. How does the home’s age benefit a buyer?
Built in 2017, the home is relatively new. This typically suggests modern building codes, newer major systems (like HVAC and plumbing), and potentially better energy efficiency, which can reduce near-term repair costs and utility bills.
5. Are there comparable recent sales?
A very similar home at 119 Old Commonwealth Path (built 2016, 1,406 sqft) sold between $285k-$315k in late 2016. This provides a historical benchmark, but the current assessed value and market conditions have likely shifted since that initial sale.