Property Overview: 104 Singh Trail, Winnipeg
Key Characteristics & Appeal
This 2017-built home in Inkster Gardens offers a modern, low-maintenance foundation in a well-established neighbourhood. Its key appeal lies in a combination of above-average size and a premium assessed value. With 1,904 sqft of living space, it ranks in the top 9% for size on its own street and the top 13% in its wider area, offering more room than many comparable homes. The fully renovated basement adds functional living space. It features an attached garage and sits on a standard, manageable lot.
The home’s strongest statistical highlight is its assessed value of $68.40k, which places it in the top 1% on Singh Trail and the top 5% in Inkster Gardens. This suggests the property is viewed as a high-quality asset within its immediate context, potentially due to its newer construction, renovations, and size. It would suit buyers looking for a modern home without a brand-new price tag, who value space and a solid investment profile in a mature neighbourhood. It’s also a practical fit for those wanting to avoid the immediate major repairs often associated with older housing stock.
Frequently Asked Questions
1. What does the high assessed value relative to the area actually mean?
It primarily indicates that the municipal assessment—used for calculating property taxes—considers this home significantly more valuable than most in its immediate vicinity. This often reflects factors like the newer build year, recent renovations, and larger living area. It suggests a premium property for the neighbourhood, but it's wise to understand how this affects annual property taxes.
2. Is the living space configuration typical for a 2017 build?
At 1,904 sqft, the living area is notably generous for a home of this age in this area. The "cabover" building type often indicates a specific architectural style, possibly with upstairs bedrooms over the garage. Prospective buyers should verify the room layout and floor plan to ensure it meets their needs.
3. How does the sold price history from 2017 inform today’s value?
The initial sale price (2017) is a baseline for the original purchase. For a current market value, it's more important to look at recent sales of comparable homes in Inkster Gardens and to consider the home’s premium assessed value, which has likely increased since construction.
4. What are the implications of the land size being "around average"?
The lot is standard for the area, which means outdoor space is adequate but not expansive. This is typical for newer developments in mature neighbourhoods and translates to less yard maintenance. The focus here is on the interior living space and the building itself.
5. Who are the most logical neighbouring buyers for this property?
Given its profile, likely interest could come from young families or professionals moving from smaller homes or condos who need more space but want a modern, move-in-ready property. It may also attract investors or buyers looking for a home with strong assessed value in a stable neighbourhood.