Property Overview
18 Squire Place is a modern, well-sized property in Winnipeg's North Inkster Industrial area. Built in 2017, it offers 2,125 square feet of living space on a 4,965 square foot lot, with a current assessed value of $597,000. The home stands out for its above-average size and value relative to its immediate neighbourhood and the wider city.
Key Features & Ideal Buyer
This home’s primary appeal lies in its modern construction and generous proportions. It is a notably larger and more valuable property than most on its street and in its area, ranking in the top 8-15% for living area. Being only nine years old, it offers contemporary building standards and likely requires less immediate maintenance than the city's average, much older housing stock.
The property would suit buyers looking for a move-in ready, spacious home in a developing area. It’s ideal for someone who values modern amenities and above-average interior space but does not necessarily require a large city-sized lot. The strong assessed value suggests it’s a substantial asset, appealing to buyers viewing their home as a long-term investment. A less obvious perspective is that its "elite" ranking for year built city-wide highlights its rarity as a newer property in a market with many older homes, offering a distinct advantage in efficiency and modern design.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home is consistently above average for its neighbourhood. It ranks in the top 8% for living area and the top 13% for assessed value on Squire Place and in North Inkster Industrial, meaning it is both larger and more valuable than most comparable nearby properties.
2. What does the assessed value of $597k indicate?
The assessed value is a municipal valuation for tax purposes and is a strong market indicator. At $597k, it is ranked in the top 5% on its street and top 8% city-wide, suggesting it is considered a premium property relative to its peers.
3. Is the lot size typical?
The lot size of 4,965 sq ft is above average for the immediate street and neighbourhood. However, it is closer to the city-wide average, indicating you are getting more interior space on a moderately sized, manageable lot.
4. What is the history of price changes?
Public records show the home was previously sold in early 2017 for an estimated price between CA$350,000 and $400,000. For verified, exact historical sale figures, a manual lookup can be requested directly from the site.
5. Why is the year built a significant feature?
Built in 2017, the home is significantly newer than the Winnipeg city-wide average home (built in 1966). This places it in the top 5% of homes city-wide by age, a key factor for buyers seeking modern construction, updated systems, and minimal renovation needs.