Property Overview: 42 Indra Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 42 Indra Crescent is a modern property, built in 2023, offering a move-in-ready opportunity in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its efficient and contemporary design. With 1,615 sqft of living space, the home is notably spacious for its own street (ranking in the top 3%) and offers above-average interior space compared to the wider city. This suggests a well-utilized floor plan that maximizes modern living areas.
The assessed value of $424k is consistently around the average for its immediate neighbourhood, street, and city, indicating a stable, market-aligned valuation without premium pricing for its newness. A thoughtful perspective is that while the lot size (2,599 sqft) is smaller than most in the broader area and city, this translates to lower exterior maintenance—a significant plus for buyers seeking a newer home without the burden of a large yard. The property last sold in late 2023 for an estimated $450k-$500k.
This home would best suit first-time buyers or professionals looking for a modern, low-maintenance property without major renovation concerns. It’s also a practical fit for those who prioritize interior space and contemporary features over a large outdoor area. Its balanced valuation makes it a sensible entry into the newer home market.
Section 2: Frequently Asked Questions
1. Is this a truly new home?
Yes. The home was built in 2023, making it one of the newest in the North Inkster Industrial area (top 4%) and significantly newer than the average Winnipeg home.
2. How does the lot size impact the property?
The lot is smaller than many in the city, which typically means less yard work and lower landscaping costs. This can be an advantage for buyers seeking easier upkeep, though it may limit extensive outdoor additions like large decks or pools.
3. Does the "Industrial" area name imply it's in a commercial zone?
North Inkster Industrial is a residential neighbourhood within a larger area designated for mixed use. The property is situated among other homes, as shown by the nearby comparable listings on Indra Crescent and Cheema Drive.
4. The assessed value seems average. Is that good?
In this case, yes. The assessment is aligned with similar homes on the street and in the neighbourhood, suggesting a fair and stable valuation. It indicates you are paying for the home and its modern features, not an inflated area premium.
5. How can I verify the exact past sale price?
The site provides an estimated sold price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sold price history by emailing the site directly for a manual lookup, which they provide without cost.