Property Overview
This one-storey home at 201 Inkster Garden Drive in Winnipeg’s Inkster Gardens neighbourhood presents a practical and renovated living space. Built in 1983, its key characteristics include 1,063 sqft of living area, a renovated basement, a detached garage, and a 3,998 sqft lot. The home’s assessed value of $38,800 is notably above average for its immediate street, indicating a perceived value advantage in its micro-location.
The appeal lies in its move-in readiness with a modernized basement, offering expanded living space on a single level—a benefit for those seeking accessibility or simplicity. It suits first-time buyers or downsizers looking for an affordable, low-maintenance home in an established neighbourhood. A thoughtful perspective is that while the lot size is below the city average, it is quite typical for the area, offering manageable yard upkeep. Its above-average assessment on the street itself suggests it may be one of the more updated properties in the row, offering relative value within a very specific local context.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in September 2021 for an estimated $27,500–$30,500. The current assessed value of $38,800 is higher, which may reflect market changes, municipal assessment cycles, or property improvements since that last sale.
2. Is the living space suitable for a growing family?
With just over 1,000 sqft on the main floor plus a renovated basement, the home offers functional space for a small family or couple. Its one-storey design may be preferable for young children or anyone wishing to avoid stairs between common living areas.
3. What does the "above average" assessment on the street mean?
This indicates that, among the 37 comparable properties on Inkster Garden Drive, this home’s assessed value ranks in the top 27%. This often signals that the home has features (like the renovated basement) or conditions that the municipal assessor views more favourably than its immediate neighbours.
4. How does the lot size impact potential for expansion or outdoor use?
At approximately 4,000 sqft, the lot is manageable but not expansive. It provides adequate private outdoor space for gardening or recreation, but significant additions or outbuildings would require checking specific zoning bylaws and setback requirements.
5. What is the significance of the home’s age (1983) in this market?
Built in the early 1980s, the home is newer than the Winnipeg city-wide average but older than the average in Inkster Gardens. This age suggests major components like the roof, windows, and foundation are likely original or have been replaced once, so a buyer’s inspection should focus on the condition and lifespan of these elements.