11 Wellsprings Cove

Property Overview

This well-maintained, one-storey home at 11 Wellsprings Cove in Inkster Gardens presents a practical and modern living opportunity. Built in 2016, it offers a move-in-ready foundation with a renovated basement, an attached garage, and a generous 6,161 sqft lot. With 1,362 sqft of living space, its size is very close to the Winnipeg average, making it a comfortably sized family home.

The appeal here is one of balance and relative value. While it is one of the smaller and lower-assessed homes on its own street, it stands out positively within the broader Inkster Gardens neighbourhood and citywide. Its assessed value is notably above average for the area, and the home is significantly newer than most in Winnipeg. This creates an interesting position: it offers modern construction in an established neighbourhood, potentially with more room for outdoor space than many nearby properties. It would suit first-time buyers seeking a modern home without a premium price tag, or downsizers looking for single-level living in a community with older housing stock.

Key Details & FAQs

• Key Characteristics: A 2016-built, one-storey house with a renovated basement and attached garage. It sits on a large lot (6,161 sqft) and has 1,362 sqft of living space.
• Its Appeal: Modern construction in an established area, above-average lot size for the neighbourhood, and a value proposition that shines when compared to broader area averages.
• Ideal For: First-time homebuyers wanting a newer, low-maintenance property, or practical buyers looking for single-level living with ample outdoor space.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
Its assessed value is below the average for Wellsprings Cove itself, but ranks in the top 20% for the wider Inkster Gardens area. This suggests it may offer more modern amenities or condition than many area homes, but at a competitive price point on its immediate street.

2. Is the living space smaller than average?
At 1,362 sqft, it is slightly below the average for its immediate street, but is very close to the citywide average for homes. The renovated basement provides additional finished space, offering flexibility beyond the main floor square footage.

3. What does the “above average” year built mean for me?
Built in 2016, this home is significantly newer than the typical Winnipeg home (average year built 1966). This often translates to modern building standards, newer major systems like HVAC and plumbing, and potentially lower immediate maintenance costs.

4. Why is the lot size highlighted as a feature?
The lot of 6,161 sqft is larger than 86% of lots in Inkster Gardens. For a newer home, this provides a notable amount of private outdoor space, which is less common in recent developments and is a key advantage for gardening, recreation, or future expansion.

5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed. You can request it directly via the email prompt on the listing page. The service provides the accurate figure manually and does not use email addresses for unsolicited marketing.