Property Overview: 20 Platt Street, Winnipeg
Key Characteristics & Appeal
This is a modern, well-sized property in Winnipeg's North Inkster Industrial area. Built in 2022, it offers nearly 1,920 sqft of living space on a roughly 4,000 sqft lot. The data reveals a home that is notably above average for its age and size when compared to the broader city, positioning it as a contemporary, low-maintenance option.
Its primary appeal lies in its new construction status and efficient scale. It sits in the top 1% of homes citywide for its newness, suggesting minimal immediate repair costs and modern building standards. While the lot size is more compact compared to the city average, the living space is generous, ranking within the top 13% overall. This combination points to a well-designed floor plan that maximizes usable interior space. The assessed value of $612k is significantly above the city average (top 7%), reflecting these desirable characteristics.
This property would suit buyers seeking a modern, move-in-ready home who prioritize interior space and contemporary amenities over a large yard. It’s a strong fit for professionals or small families looking for a newer build in a developing area, without the upkeep of an older property. A thoughtful perspective is that its "above average" standing within its immediate neighbourhood for value and size indicates it's a quality offering for the area, not just the city, which can be a marker of good long-term stability.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The assessed value of $612k is very close to the street average of approximately $608k, ranking 5th out of 12 homes. This suggests it is fairly priced and consistent with its immediate surroundings.
2. Is the lot size a disadvantage?
While the lot is smaller than the Winnipeg average, it is typical for the North Inkster Industrial area and on Platt Street itself. This is a trade-off for a larger, newer interior and likely lower yard maintenance.
3. What does the sold price data indicate?
Records show it last sold in January 2023 for between $600k and $650k. This sale price was in the top 8% for the area at the time, confirming strong market demand for newer homes like this one.
4. How can I verify the exact historical sale price?
The precise sale price is not publicly displayed due to industry regulations. You can request the exact figures by emailing the site directly for a manual lookup, which they provide as a free service.
5. What is the neighbourhood context?
The home is in the North Inkster Industrial district. Nearby properties are also relatively new, and the area features similarly valued homes, indicating a consistent and modern streetscape.