Property Overview: 138 Sawka Bay, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2021, offering a move-in-ready opportunity in Winnipeg's North Inkster Industrial area. With 1,433 sqft of living space, it sits comfortably within the average range for both its immediate street and the wider city, suggesting a practical, no-surprises layout. Its primary appeal lies in its contemporary construction, which means fewer immediate repair concerns and modern building standards. The assessed value of $424k is notably consistent, ranking around the middle third in all comparisons—this indicates a stable, market-aligned valuation without premium or discount extremes.
A thoughtful perspective is its position within the local context. While the lot size is smaller than the Winnipeg average, it is quite typical for its specific neighbourhood and street. This points to a efficient use of space rather than a drawback, likely appealing to those seeking a newer home without the extensive yard work. The data suggests it would suit a first-time buyer or a downsizer looking for a modern, manageable property in a developing area. It’s a solid, pragmatic choice for someone prioritizing a newer build and predictable costs over a large lot or elite neighbourhood status.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $424,000 is consistently around the average mark—it’s neither the highest nor the lowest on the street, in the North Inkster Industrial area, or across Winnipeg. This suggests it is priced in line with market norms for its type and age.
2. What does the "Elite" ranking for Year Built city-wide mean?
While this home is one of the newer builds on its street, its 2021 construction date places it in the top 2% of all homes in Winnipeg by age. This highlights that it is a very modern property compared to the city's overall housing stock, which has a median build year of 1966.
3. Is the lot size a disadvantage?
The land area of 2,953 sqft is below the city-wide average but is standard for the North Inkster Industrial area. It represents a lower-maintenance yard, which can be an advantage for buyers not wanting extensive outdoor upkeep.
4. What can the past sale price tell me?
Records show it last sold between $350,000 and $400,000 in December 2021. The current assessed value of $424k reflects market changes since that time. For exact historical sale figures, a manual lookup can be requested.
5. Who are the closest neighbours, and what are their homes like?
The immediate neighbours on Sawka Bay are homes of very similar age (averaging a 2022 build year) and comparable assessed values. This indicates a uniform, recently developed streetscape, which can contribute to neighbourhood consistency and stability.