204 Inkster Garden Drive

Property Summary: 204 Inkster Garden Drive

Key Characteristics & Appeal

This is a compact, 690 sqft bi-level home built in 1983, situated on a decently sized lot in Winnipeg's Inkster Gardens neighborhood. Its key appeal lies in its affordability and efficiency, underscored by a notably low municipal assessed value. The home features a renovated basement and a detached garage.

The property stands out for its very modest footprint, which places it well below the average size for the street, neighborhood, and city. This makes it a low-maintenance option with correspondingly lower utility and tax costs. While the living space is small, the lot size is above average for the immediate street, offering valuable outdoor space relative to the home's scale. It last sold in early 2021 for a price consistent with its value-oriented profile.

This home would suit first-time buyers, investors, or downsizers seeking an entry point into the market with minimal overhead. It’s a practical choice for those who prioritize financial efficiency and land over interior square footage, or for an investor looking for a manageable rental property. Its recent sale history suggests it’s a turnover property, often appealing to those looking for a short-term holding or a live-in renovation opportunity.

Frequently Asked Questions

1. Is the low assessed value a positive or a negative?
It's primarily a positive for ongoing property tax savings. However, it can also reflect the home's smaller size and modest nature compared to others, which may influence resale value and financing options.

2. How functional is a 690 sqft bi-level for daily living?
It requires efficient use of space. The renovated basement effectively doubles the usable area, making it more livable than the main floor square footage alone suggests. It's best for individuals, couples, or those comfortable with compact, minimalist living.

3. What does the "above average" year built rank on the street mean?
On Inkster Garden Drive, this home is one of the newer houses (ranked 9th newest out of 37). This is a relative positive, potentially indicating slightly newer core components compared to its immediate neighbors, though it is still a 40-year-old home.

4. Who should be cautious about this property?
Buyers with growing families, those who need home office space, or anyone who simply prefers more spacious interiors may find it too confined. The size is its most defining and limiting characteristic.

5. How can I verify the recent sale price?
The exact sold price is not publicly displayed. You can request it directly via the "Get exact sold price history" feature on the listing page. The service provides the accurate figure via email at no cost and without marketing spam.