Property Overview
132 Indra Crescent is a modern, recently built home in Winnipeg's North Inkster Industrial area. The data presents a clear picture of a property with distinct strengths in its living space and age, balanced against a more compact lot size.
Key Characteristics, Appeal & Ideal Buyer
The primary appeal of this home lies in its modern construction and efficient use of space. Built in 2023, it is a notably new home compared to the Winnipeg average, suggesting minimal maintenance concerns and contemporary building standards. With 1,615 sqft of living area, it offers above-average interior space for the city and is among the largest on its own street. This combination of newness and generous living area is its standout feature.
However, the lot size of 2,345 sqft is significantly smaller than typical for both the area and the city. This indicates a property designed for low-maintenance outdoor living, likely appealing to those who prioritize interior space and modern amenities over a large yard.
The assessed value of $415k sits around the city-wide average, positioning it as a mid-range offering. It last sold for an estimated $400k–$450k in late 2023. This profile would suit first-time buyers or downsizers seeking a modern, move-in-ready home with comfortable living space, without the upkeep of a large property or an older structure. It’s a practical choice for those valuing efficiency and contemporary comforts over land size.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is compact, ranking in the bottom tier for size both locally and city-wide. This means minimal yard maintenance but also limited private outdoor space. It's ideal for those who don't want gardening chores but may not suit those wanting extensive gardens, play areas, or privacy from neighbours.
2. Is the assessed value a good indicator of the listing price?
The $415k assessment is a municipal valuation for tax purposes, not a market price. Given it sold within that $400k–$450k range recently, it suggests the assessment is relatively aligned with recent market activity. However, current market conditions will ultimately determine the listing price.
3. What does "Elite" ranking for Year Built mean?
This means the home is newer than over 99% of comparable properties across Winnipeg. In practical terms, you benefit from modern building codes, materials, and systems, which can mean better energy efficiency and lower immediate repair costs compared to the city's older housing stock.
4. The home is in an "Industrial" area. What should I consider?
The "North Inkster Industrial" designation may influence the surrounding environment. It's wise to visit at different times to gauge noise, traffic patterns from nearby businesses, and the general character of the immediate neighbourhood to ensure it aligns with your lifestyle.
5. How can I verify the exact past sale price?
The site provides sold price ranges for non-members. To obtain the precise sale figure from November 2023, you must request a manual lookup via email from the service, as they do not display full MLS transaction data publicly.