Property Overview: 106 Sawka Bay, Winnipeg
Key Characteristics & Appeal
This property at 106 Sawka Bay is a modern, low-maintenance home built in 2022, situated in the North Inkster Industrial area. Its primary appeal lies in its new construction, offering modern systems and minimal immediate upkeep. With 1,472 sqft of living space, it provides comfortable room for a small family or couple.
The home stands out in its immediate context. On its own street, it ranks above average for its assessed value, lot size, and newness, suggesting it's a premium offering among its direct neighbors. Compared to the wider city, its assessed value is strong, and its 2022 build date places it in the elite top 1% for age, a significant advantage in a market with many older homes.
This property would best suit buyers prioritizing a modern, move-in-ready home who value the efficiency and potential cost savings of new construction. It's also a compelling option for those looking for a solid value proposition within a specific neighborhood, as it holds its own well against nearby properties. A less obvious perspective is that its slightly smaller city-wide lot size (ranking in the bottom 25%) may appeal to buyers seeking a manageable yard with lower maintenance demands.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is consistently above average for the street. It ranks in the top 15-17% for lot size and assessed value, and in the top 10% for being newly built, indicating it's one of the more substantial and modern homes on Sawka Bay.
2. Is the assessed value of $441k reasonable for the area?
The assessment is above the street average ($415k) but slightly below the broader North Inkster Industrial area average ($484k). This suggests the valuation is anchored by the higher standards of its immediate newer neighbors, while remaining competitive in the wider sub-market.
3. What are the implications of the 2022 build date?
As a 4-year-old home, it likely benefits from modern building codes, energy efficiency, and warranties that may still be transferable. City-wide, this is a major differentiator, as it is newer than 99% of comparable homes.
4. The home sold in mid-2022. What does that history indicate?
It last sold for an estimated $400k-$450k, very close to its current assessed value. This recent transaction provides a clear, transparent benchmark for its market price, reducing pricing uncertainty compared to homes with older or unavailable sales history.
5. How does the lot size impact the property?
At 3,921 sqft, the lot is generous for the street but smaller than the typical Winnipeg lot. This offers a good balance of outdoor space while potentially meaning less time and money spent on landscaping compared to larger, standard city lots.