Property Summary: 151 Prairie Spring Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Inkster Gardens is a modern, low-maintenance property built in 2018. Its key appeal lies in being a relatively new construction in a city where the average home is significantly older, offering contemporary building standards and minimal immediate repair concerns. With 1,721 sqft of living space and a renovated basement, it provides ample room for a small family or professionals needing a home office.
The home’s value is positioned thoughtfully: while its lot size is compact compared to city and neighbourhood averages, this translates into less yard upkeep. Its assessed value ranks well above average for both the neighbourhood and the entire city, suggesting a solid investment in a desirable area. The attached garage adds practical convenience for Winnipeg winters.
This property would best suit buyers seeking a move-in ready, modern home without the footprint or maintenance of a large yard. It’s ideal for first-time homeowners wanting newer infrastructure, small families, or investors attracted by a newer asset in a stable neighbourhood. A less obvious perspective is that its "above-average" ranking for the area might offer a sense of security and relative value, even if it feels average on its specific street.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many lots in Winnipeg, this means less time and money spent on landscaping and yard maintenance. It maximizes the living space on a efficient footprint, which can be a benefit for those not wanting extensive outdoor chores.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. However, its high ranking (top 14% in Inkster Gardens, top 10% citywide) indicates the property is considered valuable relative to others, which can be a positive signal for market price.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A prospective buyer should inquire about the quality of the renovation, whether it includes a legal secondary suite, and if permits were obtained.
4. How does this home compare to others on the same street?
On its own street (Prairie Spring Bay), this home is around average for both size and assessed value. Its standout feature within the immediate vicinity is its newer age (2018), as many neighbouring homes were built around 2019 on average.
5. Why is the exact historical sold price not publicly listed?
The seller provides sold price ranges based on public data but offers to share the exact figure via email. This is a common practice to ensure accuracy, as public records can be incomplete or outdated, and allows the listing service to initiate direct contact with seriously interested buyers.