Property Overview: 26 Malwa Cove, Inkster Gardens
Section 1: Key Characteristics & Appeal
This home is a modern, well-sized property built in 2018, offering a practical and comfortable living space. Its key features include 1,770 sqft of living area, an attached garage, and a renovated basement. The appeal lies in its balance of contemporary construction and established neighbourhood living.
While the home's living space is slightly below average for its immediate street, it stands out significantly within the broader Inkster Gardens area and city-wide, ranking in the top 20% for size. This suggests a solid, efficient layout in a neighbourhood of generally older homes. The lot size is generous for the area, providing good outdoor space. A major draw is the home's age; built in 2018, it is newer than 95% of homes in Inkster Gardens and 96% city-wide, implying modern building standards, systems, and less immediate need for major updates.
This property would suit buyers looking for a move-in ready, low-maintenance home without the premium of a brand-new build. It’s ideal for small families or professionals who value modern amenities and a renovated basement for extra living space, but who also appreciate being part of an established community. The above-average assessed value for the neighbourhood indicates it is perceived as a premium property within its local market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbours?
At 1,770 sqft, the living area is actually above average for both the Inkster Gardens neighbourhood and Winnipeg overall. However, on its own street (Malwa Cove), it is slightly below the local average, suggesting the immediate block consists of particularly spacious homes.
2. What does the "Elite" ranking for the year built mean?
The "Elite" badge indicates the home's 2018 build date is newer than approximately 95-96% of all comparable homes in the city. This is a significant advantage, typically translating to modern electrical, plumbing, insulation, and building codes.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value of $61,600 is for municipal tax purposes. The last recorded sale was in July 2022 for between $67,500 and $70,500. Market conditions, property updates, and buyer demand will determine the current market value, which can differ from the assessed value.
4. What is the significance of having a renovated basement?
A renovated basement immediately adds functional living space without the need for a future project. It can serve as a family room, home office, or guest space, increasing the home's utility and appeal, especially for growing households.
5. How can I find out the exact historical sold prices?
The provided sold price ranges are based on public data. To obtain the exact sale figures, you must request them directly via the email tool provided on the listing page. The service is manual but committed to providing the accurate data without marketing spam.