Property Overview: 122 Prairie Spring Bay, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens is defined by its above-average size and modern build. With 2,224 sqft of living space, it ranks in the top 11% on its street and top 6% in its neighbourhood, offering more room than most comparable homes. Built in 2018, it is a relatively new property with the benefits of modern construction standards and minimal immediate upkeep. The home features a renovated basement and an attached garage.
Its primary appeal lies in this combination of space, modernity, and established value. The assessed value places it in the elite top 5% city-wide, suggesting strong market recognition for its worth. While the lot size is slightly below average for the area, this often translates to less exterior maintenance. This property would best suit buyers looking for a move-in ready, spacious family home in a developed neighbourhood, who prioritize interior living space over a large yard and appreciate the efficiency and design of a newer build.
Frequently Asked Questions
1. How does the lot size impact the property?
At 4,001 sqft, the lot is smaller than the average for both the street and neighbourhood. This typically means less yard maintenance and landscaping responsibility, which can be an advantage for busy households, though it may limit extensive outdoor additions like a large deck or pool.
2. What does the "elite" assessed value ranking mean?
Ranking in the top 5% city-wide for assessed value indicates that, according to municipal assessment, this home is valued higher than 95% of properties in Winnipeg. This is a strong marker of established worth, though it's important to note that assessed value is for taxation and isn't a direct market appraisal.
3. Is the neighbourhood established or still developing?
Given the home was built in 2018 and nearby comparables are of similar age, this specific pocket of Inkster Gardens appears to be a newer, infill development within the larger, established neighbourhood. You get the benefits of a modern home in a community with mature services.
4. What are the utility costs likely to be for a home of this size and age?
While specific costs aren't listed, a 2018 build will generally have modern, energy-efficient insulation, windows, and HVAC systems. This can lead to lower utility bills compared to a similarly sized older home, offsetting some of the operating costs of the larger square footage.
5. Where can I find the exact historical sale price?
The provided sold price is a public data range. To obtain the precise sale price history, you must request it directly via the email service mentioned on the listing page, as this information is verified and shared manually by the platform.