Property Overview: 31 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This is a modern, two-year-old home (built 2024) situated in the North Inkster Industrial area. Its primary appeal lies in its exceptional newness, ranking in the top 1-3% of homes by age both locally and citywide. This translates to minimal maintenance concerns and contemporary building standards for the initial ownership period.
The 1,330 sqft living space is compact compared to immediate neighbours but aligns closely with the Winnipeg average. The assessed value of $418k is moderately above the city median, suggesting a solid baseline valuation. A thoughtful perspective is the lot size: at 2,632 sqft, it is above average for its specific street, offering relatively good outdoor space for the row, but is more compact compared to larger lots typical in wider suburban areas. This positions the property as a modern, low-maintenance home in a developing neighbourhood, ideal for buyers seeking a newer build without the premium lot size of older areas. It would suit first-time homeowners, small families, or investors attracted to a modern asset, particularly those who prioritize interior condition and building age over expansive square footage or established, tree-lined streets.
Frequently Asked Questions
1. Is this a true "industrial" area?
The "North Inkster Industrial" name refers to the broader community area. The property itself is on a residential crescent amidst other newer homes, not adjacent to heavy industry.
2. How does the sold price compare to the assessed value?
The home sold between $350k-$400k in late 2024. This sale price range came in below its $418k assessed value, which may reflect market conditions at the time or specific transaction details.
3. What are the likely advantages of such a new home?
Major systems (roof, furnace, windows) will be under warranty or have decades of life remaining. You also benefit from modern energy efficiency standards and current building codes.
4. Why is the living area noted as "below average" for the area?
Many homes in North Inkster Industrial are larger, averaging over 1,600 sqft. This home offers a more efficient, manageable footprint, which can mean lower utility costs and less upkeep.
5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed due to data licensing. You can request the precise figure via email from the site provider, who will manually retrieve and send the information.