Property Overview: 78 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This is a modern, well-sized home built in 2023, offering a move-in-ready opportunity with the benefits of a new build. Its primary appeal lies in its efficient and above-average living space (1,615 sq ft) relative to its immediate street and the wider city, providing comfortable roominess without excessive upkeep. The assessed value of $415k positions it as a competitively priced option citywide, suggesting potential value for a newer property.
The home suits first-time buyers or young families seeking a contemporary, low-maintenance property without the premium often attached to brand-new builds. It also appeals to value-conscious buyers who prioritize interior space over a large yard, as the lot size is modest by city standards but generous for its specific street. A less obvious perspective is its standing within the North Inkster Industrial area: while the home is newer than 96% of city properties, it's surrounded by other recent builds, meaning future appreciation may be more tied to general area development than the novelty of a single new home in an older neighbourhood.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is slightly below the average on its own street but is very close to the citywide average for comparable homes. This suggests it may offer good value within its immediate, newer development.
2. What does the "Elite" ranking for Year Built mean?
It indicates the home is newer than approximately 99% of all properties in Winnipeg. You can expect modern building standards, materials, and systems, likely leading to lower immediate repair costs and better energy efficiency.
3. Is the lot size a concern?
The land area is smaller than the typical Winnipeg lot. However, it is actually above average for Indra Crescent itself. This points to a low-maintenance yard, which could be a benefit for some buyers, but may not suit those wanting extensive outdoor space.
4. The home sold recently in 2023. What does that indicate?
As a nearly new build, its last sale was likely its initial purchase from the builder. This recent transaction provides a clear, modern price point for comparison in a currently active market cycle.
5. How reliable is the sold price data shown?
The site provides sold price ranges based on public data, not MLS records. For fully verified and exact historical sale figures, you must request a manual lookup from the site administrators, as noted in their data disclaimer.