Property Overview: 43 Valewood Crescent, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical, no-fuss property built in 1983. With 1,040 sqft of living space and a renovated basement, it offers functional, single-level living. The detached garage and a near-5,000 sqft lot provide useful outdoor and storage space. Its assessed value of $360k positions it as a more accessible entry point within the city, sitting around the Winnipeg average but below the averages for its immediate street and neighbourhood. This suggests potential value relative to the area.
The appeal lies in its straightforward layout and recent basement update, which adds usable space without the premium of a newer build. It would suit first-time buyers seeking a manageable footprint, downsizers looking for a single-level home with a little yard, or pragmatic investors attracted to its below-neighbourhood-average assessment. A less obvious point is its age: built in 1983, it is newer than many homes on its street, potentially meaning fewer major age-related updates than older comparables, yet it still comes from an era of simpler, robust construction.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for both Valewood Crescent and the wider Inkster Gardens neighbourhood, while being close to the city-wide average. This could indicate a value opportunity within the local area.
2. Is the living space smaller than average?
At 1,040 sqft, the living area is smaller than the average home on the street and in Inkster Gardens, but is close to the Winnipeg average. The renovated basement effectively adds to the usable space.
3. What is the lot size, and is it typical?
The lot is 4,997 sqft. It’s slightly below average for the street but is very typical for the Inkster Gardens neighbourhood and close to the city-wide average for lot size.
4. How can I find out the exact historical sale prices?
Exact sold prices are provided manually by request via email. The public data shows a sale in September 2016 in the $255k-$285k range.
5. What type of neighbourhood is Inkster Gardens?
The provided data focuses on property metrics. For insights into community feel, amenities, and schools, further neighbourhood-specific research is recommended.