Property Overview: 84 Cheema Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This property at 84 Cheema Drive is a modern, above-average home in Winnipeg's North Inkster Industrial area. Built in 2022, it offers 1,919 sqft of living space, which is notably larger than both the immediate street and city-wide averages. The assessed value of $600k positions it well above typical homes in Winnipeg, reflecting its newer construction and generous interior space.
Its primary appeal lies in being a contemporary, low-maintenance home in a developing area. Buyers get the benefits of modern building standards, likely meaning better energy efficiency and fewer immediate repair concerns compared to the city's older housing stock. The lot size of 4,019 sqft is manageable, offering outdoor space without the burden of extensive upkeep.
This home would best suit practical buyers who prioritize modern interiors and space over an established neighbourhood setting. It's ideal for someone seeking a turn-key property without the quirks or renovation projects of an older home. A less obvious perspective is its relative newness on a street where many homes are even newer (ranked 58 out of 64 for year built on Cheema Drive). This suggests the immediate area is still filling in, which could mean ongoing construction nearby but also potential for property value growth as the street matures.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to nearby properties?
The $600k assessment is significantly higher than the averages for the street ($500.2k), the North Inkster Industrial area ($484.4k), and the city overall ($390.1k). This premium is attributed to its larger living area and very recent construction.
2. Is the lot size typical for the area?
At 4,019 sqft, the lot is above average for Cheema Drive but slightly below the average for the North Inkster Industrial area. City-wide, it is considered a below-average lot size, which is common for newer developments.
3. What does the sold price history indicate?
Records show it last sold in October 2022 for between $600k and $650k. This sale price is in the top 11% for the area and top 7% city-wide, confirming its premium market position.
4. The home is newer, but how does it compare to others on the street?
Interestingly, while the 2022 build is new city-wide (top 1%), it is actually one of the older homes on Cheema Drive itself, where the average build year is 2023. This indicates you are buying into a very fresh, newly developed street.
5. Where can I get verified sale history and exact figures?
The provided data is based on public records. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as they do not have access to MLS copyright data.