27 Indra Crescent

Property Overview

27 Indra Crescent is a modern, two-year-old home in Winnipeg's North Inkster Industrial area. Built in 2024, it offers 1,348 sqft of living space on a 2,632 sqft lot and carries a municipal assessed value of $442,000. Recent sales data indicates it sold between $350,000 and $400,000 in August 2024.

Key Characteristics & Appeal

This home’s primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. Its assessed value is notably above average for its immediate street and the wider city, suggesting a perception of quality or desirability that outpaces many older homes. However, the living space is slightly below the average for the North Inkster Industrial area, indicating a more efficient or compact layout.

The property suits first-time buyers or downsizers seeking a modern, low-maintenance home without the premium often attached to newer builds in more established neighbourhoods. It also appeals to value-focused investors or buyers who prioritize newer infrastructure over larger lot size, as the yard is significantly smaller than the citywide average. A thoughtful perspective is that this home represents a balance: you’re acquiring newness and a strong assessed value foundation, but within a neighbourhood context where lot sizes and living spaces are generally larger, which may influence future resale dynamics.

Frequently Asked Questions

1. Why is the assessed value ($442k) higher than the recent sold price range ($350k-$400k)?
Assessed value is set by the municipality for tax purposes and may not directly reflect current market value, which is determined by what a buyer is willing to pay. The sale price can be influenced by market conditions at the time of sale.

2. What does the "Elite" ranking for Year Built mean?
It means this home is among the newest 1-3% of homes when compared to its street, its broader area, and the entire city. It is a very recently constructed property.

3. Is the lot size a concern?
The lot is above average for Indra Crescent but below average for the larger area and city. This is typical for newer infill developments. It means lower yard maintenance but less private outdoor space compared to many older neighbourhood properties.

4. Who determines these rankings and comparisons?
The rankings are generated by the website's system, which compares this property's specific data (like square footage or assessed value) against publicly available data for "comparable homes" in defined geographic zones (street, area, city).

5. How can I get the exact sold price?
Due to industry regulations, exact sold prices from the MLS are not published on this site. You must request the information directly from the website via email, and they will provide the verified figures manually.