Property Overview: 148 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2023, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, which means modern building standards, contemporary finishes, and minimal immediate repair concerns. With 1,615 sqft of living space, it sits above the city-wide average for home size, providing comfortable room for daily life, yet it remains efficiently scaled.
The data presents a balanced profile: the assessed value is positioned solidly in the middle tier for its immediate area and street, suggesting it is priced in line with its local market. A thoughtful perspective is that while the lot size is smaller than the Winnipeg average, this typically translates to less yard upkeep—a potential benefit for buyers seeking a newer home without the burden of extensive landscaping. This property would suit first-time buyers or downsizers looking for a modern, manageable home without renovation projects, as well as investors attracted by the appeal of a nearly new build in a developing area.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $423k is around the average for both Cheema Drive and the broader North Inkster Industrial area, indicating it is competitively positioned within its immediate market.
2. What are the advantages of the 2023 build year?
A 2023 construction offers major systems (roof, HVAC, appliances) that are essentially new, likely leading to lower maintenance costs and higher energy efficiency for the foreseeable future. It also means the home meets current building codes.
3. Is the lot size a limitation?
The lot is smaller than the typical Winnipeg property. For some, this means less outdoor space for gardening or recreation. For others, it represents less weekly upkeep and lower landscaping costs, which can be a practical advantage.
4. What does the sale history indicate?
Records show the home sold in April 2023 for between $400k-$450k. This recent transaction provides a concrete benchmark for its market value just a year after it was built.
5. How can I get the exact historical sale price?
The displayed price is a range. To obtain the precise sale figure, you must request a manual lookup via email through the listing site, as this data is not sourced from the MLS system.