Property Overview: 115 Mayer Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, three-year-old home (built 2023) in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. At 1,572 sqft, the living space is efficiently sized—it's notably smaller than other homes on Mayer Drive itself, but is actually above the city-wide average, making it a practical choice for smaller households or those seeking easier upkeep.
The property presents a compelling value perspective. With an assessed value of $453,000, it sits below the average for its immediate street but above the Winnipeg city-wide average. This suggests you are acquiring a newer home at a value-oriented entry point within its own neighbourhood. The lot size (3,331 sqft) is compact, especially compared to the city norm, which translates to less yard maintenance.
This home would best suit first-time buyers or downsizers who prioritize modern amenities and low maintenance over expansive space. It’s also a sensible option for value-conscious buyers looking for a newer build in a developing area, who are comfortable with a more efficient lot size and see the advantage in the home's strong city-wide ranking for both age and assessed value.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests it is a relative value. While its assessed value is below average on its own street, it is above the average for the entire city of Winnipeg. You are effectively paying less than your immediate neighbours for a home that is newer than the vast majority of properties city-wide.
2. What does the "North Inkster Industrial" neighbourhood mean for living here?
This typically indicates a mixed-use area. While residential, it may be near light industrial or commercial properties. This can offer affordability and convenience, but it's wise to visit at different times to assess noise, traffic, and the overall living environment.
3. The home sold recently in late 2023. Why is it back on the market?
The provided data shows a sale 1-2 years ago. While we cannot speculate on the seller's personal reasons, such a quick turnaround is not uncommon with new builds. Reasons can range from a change in personal circumstances to investor resale.
4. How does the smaller lot size impact me?
The compact lot (3,331 sqft) means less outdoor maintenance, which many buyers appreciate. However, it also limits potential for large expansions, additions like a detached garage, or extensive landscaping. It's a trade-off that favors simplicity over space.
5. Can I get the exact historical sale price?
The public data shows a sold price range of CA$400k–450k for November 2023. For the exact, verified sale figure, you must request a manual lookup from the site via email, as they do not display full MLS transaction records publicly.