Property Overview: 126 Indra Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 126 Indra Crescent is a modern, efficiently designed property built in 2023. Its primary appeal lies in offering contemporary living with minimal upkeep in a newer, developing area. The 1,615 sqft living space is notably efficient, ranking in the top 3% for size on its own street, suggesting a well-utilized floor plan that may feel larger than its footprint.
The property presents a distinct value profile. Its assessed value of $415k sits below the immediate street average, potentially offering a price advantage for a relatively new build. However, this comes with a trade-off: the lot size of 2,345 sqft is compact, ranking in the bottom 20% locally and city-wide. This positions the home as a "low-maintenance" option, ideal for buyers who prioritize a modern interior and newer mechanical systems over expansive outdoor space.
This home would best suit first-time buyers or downsizers seeking a turn-key, newer construction home without a premium lot size. It’s also a practical fit for investors or professionals looking for a modern property with predictable maintenance in the North Inkster Industrial area, which itself features many newer homes.
Section 2: Frequently Asked Questions
1. Is this a good value for a newer home?
The data suggests a mixed picture. While the assessed value is below the street average, the lot size is significantly smaller than most. The value is in the modern building itself, not the land. Buyers should consider if they are comfortable with a compact yard for the benefit of a newer home.
2. What does the "Elite" ranking for Year Built mean?
It means this home is among the newest in its wider area and city-wide. Being built in 2023, it is newer than 99% of homes across Winnipeg. This typically translates to modern building codes, energy efficiency, and minimal immediate repair costs.
3. Why is the living area considered "Elite" on the street but only "around average" for the area?
This highlights the character of the neighbourhood. Indra Crescent appears to consist of slightly smaller, likely more recent homes. While this home is one of the larger models on its street, the broader North Inkster Industrial area includes a mix of older and newer homes with a slightly higher average size.
4. How reliable is the sold price data shown?
The site notes that sold price data is from public online sources, not the MLS, and is presented in a $50k range ($400k-$450k) for non-members. For verified, exact historical sale figures, you must request them directly from the site via email, as they do not publish MLS records.
5. Who might this property not suit?
It may not suit buyers seeking a large yard for gardening, recreation, or future expansion. The compact lot is a defining feature. It may also not appeal to those looking for an established, tree-lined neighbourhood, as the area is newly developed.