Property Overview
173 Inkster Garden Drive is a one-storey home with a renovated basement and a detached garage, situated on a standard residential lot in Winnipeg's Inkster Gardens neighborhood. Built in 1981, its 952 sqft living area is modest, ranking below the average for both the immediate area and the city. The home’s assessed value is notably lower than many in its neighborhood, yet it sits around the city-wide average when compared to all Winnipeg properties. This creates a unique profile: a home that is a smaller, older option on its own street but represents a more typical value proposition across the broader market. Its last recorded sale was in August 2020.
Key Characteristics & Ideal Buyer
The primary appeal of this property lies in its affordability and practicality. With a below-average assessment for the Inkster Gardens area, it presents a potential value opportunity for buyers seeking entry into this specific neighborhood at a lower price point. The renovated basement adds functional living space, a significant plus for a home of this size. The detached garage offers utility and storage.
This home would suit first-time buyers or investors looking for a straightforward, manageable property without a premium price tag. It’s a pragmatic choice for someone who prioritizes a solid foundation—a liveable, updated space on a decent lot—over size or modern build date. A thoughtful perspective is that its "below average" metrics for the neighborhood might actually be an advantage for a buyer comfortable with a cozier layout, as it allows for ownership in the area while freeing up capital for future renovations or investments.
Frequently Asked Questions
1. Is this house significantly smaller than others nearby?
Yes. At 952 sqft, the living area is below the average for both Inkster Gardens and the city of Winnipeg. It ranks in the top 91% for size in the neighborhood, meaning over 90% of comparable local homes are larger.
2. Why is the assessed value much lower than the neighborhood average?
The home's assessed value of $34,600 is below the Inkster Gardens average of about $45,500. This is likely due to its smaller size and older build year compared to many homes in the area, though it is around the average when compared city-wide.
3. What does the sold price history show?
The home sold in August 2020 for an estimated range of $26,500 to $29,500. For the exact historical sold price, you can request the information via email from the listing source.
4. How does the lot size compare?
The land area of 4,422 sqft is fairly standard, ranking around the average for the street, the Inkster Gardens area, and the city as a whole.
5. What are the implications of the home being built in 1981?
At 45 years old, the home is older than most on its street and in Inkster Gardens. While systems and the roof will be mid-life, the renovated basement suggests some updates have been made. A pre-purchase inspection would be advisable to understand the condition of major components.