Property Overview: 19 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This is a modern, two-year-old home (built 2024) in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its exceptional newness, ranking among the top 1-3% of homes by age in its immediate area and citywide. This translates to likely minimal maintenance, modern building standards, and contemporary finishes.
The home offers 1,348 sqft of living space, which is comfortably sized and close to the citywide average, though slightly below the average for its specific neighbourhood. The assessed value of $426k is consistent with nearby homes on its street but sits below the average for the broader North Inkster Industrial area, potentially indicating value within its local context. The lot size of 2,632 sqft is above average for the street but smaller than typical lots in the wider city, suggesting a lower-maintenance yard.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the upkeep of an older property. It’s also a practical fit for buyers who prioritize interior space and new construction over a large yard. A less obvious perspective is its potential appeal to value-conscious buyers looking in this specific area; the home's assessed value is notably lower than the neighbourhood average, which could present a relative opportunity if the market aligns.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $350,000 and $400,000 in October 2024. This is below its current $426,000 assessed value, which is an important point for buyers to discuss with their agent to understand current market valuation.
2. What does the "Industrial" in the area name mean for living here?
North Inkster Industrial is a established neighbourhood with residential streets. The name reflects its broader district, but Indra Crescent itself is a residential street. Buyers should visit at different times to gauge the ambient environment, including traffic and activity from nearby industrial uses.
3. Are there any concerns with such a new home?
While new homes typically have fewer immediate repair issues, it's still crucial to review the builder's warranty status and consider a professional inspection to identify any potential construction deficiencies or settling issues common in the first few years.
4. The lot is smaller than the city average. What are the implications?
This means less outdoor maintenance, which can be a benefit. However, it may limit expansion possibilities like large additions or decks. It’s wise to check municipal bylaws for setback requirements and permitted structures.
5. How can I verify the exact historical sold prices?
The provided sold price is an estimate from public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as this information is not sourced from the MLS.