Property Overview: 38 Inspiration Place, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home at 38 Inspiration Place is a well-proportioned property built in 2008, offering modern construction within a mature neighbourhood. Its primary appeal lies in its strong positional value. The 1,820 sqft living area is notably spacious, ranking in the top 4% of the desirable Mission Gardens area, meaning it offers more room than most nearby homes. This is complemented by an above-average lot size of just over 7,000 sqft, providing ample outdoor space.
The data reveals a compelling narrative: while the home is solidly above average on its own street, its standing improves significantly when viewed in the wider context of Mission Gardens and the entire city. Its assessed value sits in the elite top 1% for the area, suggesting it is considered a premium property within an already sought-after community. Recent sale prices (2022 and 2024) have consistently performed in the top 2-3% for the area, indicating strong market recognition and demand.
This property would best suit buyers looking for a move-in ready, modern home without sacrificing established neighbourhood character. It’s ideal for those who value space, both indoors and out, and who make decisions based on long-term value and community standing. A thoughtful perspective is that this home represents a "sweet spot"—it’s newer than many area homes, avoiding the immediate renewal projects of older properties, yet is not so new that it lacks a settled, established streetscape.
Frequently Asked Questions
1. How does this home truly compare to others in Mission Gardens?
The metrics are clear: it ranks in the elite tier for both living area (top 4%) and assessed value (top 1%) within the Mission Gardens area, meaning it is objectively among the larger and more highly valued homes in this community.
2. The assessed value seems low compared to recent sale prices. Why?
Municipal assessed values for tax purposes often lag behind current market values. The consistent top-tier sale prices in 2022 and 2024 indicate the market values this property significantly higher than its official assessment.
3. What does the sale history tell us about the property’s market performance?
The home has sold twice in recent years (2017, 2022, 2024), each time at a higher price percentile for the area. This trend suggests growing demand and a strong perception of value, making it a property that has historically held and increased its market position.
4. Is a 2008-built home considered modern for Winnipeg?
Yes. Compared to the city-wide average home age (built around 1966) and even the Mission Gardens average (around 1988), a 2008 build is considered relatively new. It likely incorporates modern building standards, materials, and floor plans while being past the initial "shakedown" period of a brand-new build.
5. How can I verify the exact past sale prices?
The listed sale prices are estimated ranges from public data. The listing service offers to provide the exact sale prices via a manual email request, which they aim to fulfill by the end of the same business day without using your email for marketing.