105 Squire Place

Property Overview: 105 Squire Place, Winnipeg

Key Characteristics & Appeal

This home at 105 Squire Place is a modern, low-maintenance property built in 2016. With 1,400 sqft of living space, it offers a practical layout for individuals, couples, or small families. Its primary appeal lies in its contemporary build, which means fewer immediate repair concerns compared to much of Winnipeg's older housing stock. The assessed value of $367k positions it as a more accessible entry point within its immediate North Inkster Industrial area, where average values are higher.

A thoughtful perspective is its relative value when viewed city-wide. While it sits below average for size and value within its own neighbourhood and street, it is actually near the city-wide average for assessed value and above average for living area compared to all Winnipeg homes. This suggests it represents a balanced, mid-market option in the broader context. The compact, efficient lot (2,754 sqft) translates to less yard work, appealing to those seeking a newer home without the upkeep of a large property.

This property would best suit first-time buyers or practical downsizers looking for a modern, move-in-ready home without a premium price tag. It’s also a sensible fit for investors or buyers focused on the fundamentals of a recent build in a stable area, who are less concerned with having the largest home on the block.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($367k) is for municipal tax purposes and is a starting point. Notably, it is below the average for both the street and the wider North Inkster Industrial area, which may influence buyer expectations and negotiation.

2. How does the home’s size compare to others?
At 1,400 sqft, it is moderately sized. It's smaller than most direct neighbours and area comparables, but is actually slightly larger than the average home across the entire city. This indicates a efficient, potentially easier-to-maintain footprint.

3. What does the 2016 build year mean for me?
A 2016 construction is a significant advantage, placing it among the newer homes city-wide. Buyers can expect modern building standards, likely better energy efficiency, and should have many major components (roof, furnace, appliances) still within their typical lifespan.

4. The home sold in early 2016. Why is that?
The sale in January 2016 was likely the original purchase from the builder when the property was new. This indicates a single owner for the past decade, which can sometimes suggest consistent maintenance.

5. How can I find out the exact historical sold prices?
The provided data shows sold price ranges. Due to industry regulations, exact sale figures are not published online here. You can request the precise transaction history by emailing the site via the "Request exact figures by email" button for a manual lookup.