Property Overview: 70 Mallard Way, Inkster Gardens
Key Characteristics & Appeal
This well-situated one-storey home in Inkster Gardens presents a practical and comfortable living space. Built in 1984, it features 1,252 sqft of living area and sits on a generous 5,998 sqft lot, providing ample outdoor space. Key updates include a renovated basement, and the property benefits from an attached garage. The home's assessed value of $43,500 is notably above average for its immediate street, suggesting it is a solid asset within its micro-neighbourhood.
The appeal lies in its balanced offering of space, updates, and location value. It stands out on its street for both living area and lot size, offering more room than many direct neighbours. The renovated basement adds functional living space without the need for immediate work. This property would suit first-time buyers seeking a move-in ready home with room to grow, or downsizers looking for single-level living with a manageable yard and garage. A thoughtful perspective is that while it's average compared to wider city benchmarks, its strong standing within its own community hints at a stable and desirable pocket, which can often be more meaningful for day-to-day living and long-term value.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average on Mallard Way for key metrics like living area, lot size, and assessed value, meaning it offers more space and is valued higher than most of its immediate neighbours.
2. What is the significance of the sold price history shown?
The history shows the home sold in 2020 and earlier in 2017. The increase in sale price between those dates can indicate market trends, but for a precise current valuation, the exact sold prices (available by request) and a professional appraisal are recommended.
3. Is the basement renovation reflected in the assessed value?
Likely, yes. The assessed value is significantly above the street average, and a finished, renovated basement typically contributes to a higher assessment by adding functional living space.
4. What does "around average" for the neighbourhood and city mean?
For broader areas like Inkster Gardens and Winnipeg overall, the home's size, value, and age are typical. This suggests it aligns with community norms, which can be positive for resale and doesn't carry the premium or discount of being an outlier.
5. Who would this property not be suitable for?
It may not suit buyers seeking a brand-new build, a home with a pool, or those wanting a significantly larger-than-average city lot. The one-storey layout also means all living space is on a single floor.