Property Overview: 127 Old Commonwealth Path, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens offers a practical, modern living space built in 2016. With 1,406 sqft of living area, it provides a comfortably sized layout that is consistently average-to-above-average when compared to similar homes on its street, in the neighbourhood, and across Winnipeg. Its assessed value also trends above average for the immediate area, suggesting it is a solid contender within its local market. A detached garage and a basement (not renovated) add functional space.
The primary appeal lies in its relative newness compared to much of Winnipeg's housing stock, offering contemporary construction without the premium of a brand-new build. It suits first-time buyers or downsizers seeking a low-maintenance, move-in-ready home in a mature neighbourhood. A thoughtful perspective is that while the lot size is notably smaller than most in the city, this can translate to less yard work and lower exterior maintenance costs—an advantage for those prioritizing indoor living space over extensive outdoor upkeep.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for Old Commonwealth Path itself, ranking in the top 29% of 75 comparable properties on the street. This indicates it is likely valued more highly than many of its immediate neighbours.
2. Is the basement finished?
No, the basement is noted as not renovated, offering blank-canvas storage or future living space.
3. What are the property taxes?
While the exact tax amount isn’t listed here, it would be calculated based on the provided assessed value of $41,300 and the City of Winnipeg’s current mill rate.
4. How does the lot size affect this property?
The land area is 2,068 sqft, which is smaller than most lots in both Inkster Gardens and Winnipeg overall. This means a more compact yard, which can be easier to manage but may limit extensive landscaping or outdoor additions.
5. Where can I find the exact historical sale price?
The listed sale price from April 2016 is an estimated range. The exact sold price can be requested directly via email from the listing source, as noted in the property details.