Property Overview: 38 Millpond Path, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2018, offers modern living in Winnipeg's Inkster Gardens neighborhood. Its key appeal lies in being a relatively new construction within a city where the average home is significantly older, potentially reducing immediate repair costs and updating needs. With 1,492 sqft of living space, it provides above-average roominess for its immediate street and is solidly sized for the city.
The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion. The assessed value is notably below average for the street, which may indicate a different valuation approach or present an opportunity. The lot size is compact, especially compared to wider city averages, which translates to lower maintenance but less private outdoor space.
This property would suit first-time buyers or small families seeking a modern, move-in-ready home without the premium often attached to brand-new builds. It’s also a practical choice for those who prefer a newer mechanical system (furnace, roof, etc.) and wish to avoid the surprises that can come with older homes. The compact yard is a trade-off, ideal for buyers who value low-maintenance living over extensive gardening or outdoor recreation space.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value for the street a concern?
Not necessarily. Assessed value is for municipal tax purposes and doesn't always equal market value. It could reflect the specific characteristics of this lot or home. It's advisable to review recent sale prices of similar homes in the area for a clearer market picture.
2. What does "basement, not renovated" mean?
It indicates the basement is unfinished. It has the essential structure (foundation, ceiling, likely rough-in for utilities) but lacks developed living space like drywall, flooring, or finished rooms. This can be a positive, allowing you to customize the space to your needs.
3. How does the 2018 build year compare locally?
This is a standout feature. While average on Millpond Path, it places the home in the top 5% of its neighborhood and top 4% city-wide for age. This means it is significantly newer than most available homes in Winnipeg.
4. What are the implications of the smaller lot size?
The lot is about 2,500 sqft, which is manageable and low-maintenance. However, it offers less privacy and smaller yard space than many older city lots. It's well-suited for those who don't prioritize a large garden or expansive outdoor area.
5. Where can I find the exact historical sale price?
The listed sale price is an estimated range from public data. The exact sale price can be requested directly from the site via email. They provide this data manually and state they do not use email addresses for unsolicited marketing.