36 Cheema Drive

Property Overview: 36 Cheema Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, above-average sized home in Winnipeg's North Inkster Industrial area. Built in 2023, it offers nearly 1,920 square feet of living space, which places it comfortably in the top 15-20% for size both locally and citywide. With an assessed value of $587,000, it sits in a higher value tier compared to most homes in Winnipeg, indicating a premium for its newness and scale in this area.

The primary appeal lies in its contemporary build and efficient use of space. You're getting a essentially new home, which typically means modern building standards, energy efficiency, and minimal immediate maintenance. Its lot size of just over 4,000 sq ft is standard for the immediate street but smaller than the Winnipeg average. This suggests a lower-maintenance yard, which can be a perk for those not wanting extensive landscaping duties.

This property would best suit buyers looking for a modern, move-in-ready home who prioritize interior space and new construction over a large yard. It's ideal for professionals or small families seeking a low-maintenance property without compromising on living area. The data suggests it appeals to a buyer comfortable with a value that is above the neighbourhood median, likely trading lot size for a newer, larger house.

Frequently Asked Questions

1. Is the "Industrial" in the neighbourhood name a concern?
While the area is named North Inkster Industrial, the immediate context is residential. Prospective buyers should visit to assess the proximity to any light industrial activity and the overall character of the specific streets.

2. How does the smaller lot size impact future value?
The lot is smaller than the city average. This can be an advantage for buyers seeking less yard work, but it may appeal to a different segment of the market when reselling compared to homes on larger lots.

3. The home sold in early 2023. What does that indicate?
The sale two years ago, likely near the current assessed value, provides a recent market benchmark. It suggests the assessed value is grounded in a relatively recent transaction, offering a clear point of comparison for the current market.

4. What are the potential advantages of a home built in 2023?
Beyond just being new, a 2023 build should adhere to the most recent building codes, including modern energy efficiency standards (windows, insulation) and safety features, which can translate to lower utility costs and peace of mind.

5. The assessed value is high for the area. What does that mean?
The assessment is in the top 17% for North Inkster Industrial. This reflects the property's newness and larger living area compared to its neighbours. It confirms you are looking at a premium property within this specific community, not just an average home.