Property Overview: 214 Dr. Jose Rizal Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Inkster Gardens is a practical and modern offering, built in 2015. Its key appeal lies in its balance of recent construction and manageable scale. With 1,320 sqft of living space and a renovated basement, it provides comfortable room for a small family or couple without the upkeep of a larger, older home. The detached garage adds functional value.
The home’s standout characteristic is its relative newness compared to the Winnipeg average, suggesting modern building standards and less immediate concern for major repairs. However, its lot size is notably compact, even for the immediate area. This positions the property as a low-maintenance, efficient living space rather than one for extensive outdoor projects or expansion.
It would suit first-time buyers or downsizers seeking a turnkey, contemporary home in a budget-conscious range. The below-average assessed value for the street could indicate an entry point into a newer-built neighbourhood. Buyers prioritizing interior condition and modern systems over expansive private outdoor space will find it a sensible match.
Section 2: Frequently Asked Questions
1. Is the lot size a significant drawback?
While the 3,080 sqft lot is smaller than most in the city and area, it translates to less yard maintenance. It's a trade-off that aligns with a low-maintenance lifestyle.
2. How does the assessed value compare to recent sale prices?
The current assessed value is $41,900k. The home sold in late 2022 for an estimated $42.5k-$45.5k and in late 2021 for $39.5k-$42.5k, indicating assessed value is in line with recent market activity.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or agent to understand the home's full living space.
4. How does this home rank for its size and value in the area?
Within Inkster Gardens, its living area is average, and its assessed value is also around the neighbourhood average. Its prime ranking is for age—it's newer than most homes in Winnipeg.
5. What is the typical home like on this street?
Based on the data, comparable homes on Dr. Jose Rizal Way are similarly aged (averaging 2015) but often sit on larger lots and have slightly higher average assessed values. This home offers the street's modern profile in a more compact package.