Property Overview: 92 Indra Crescent, Winnipeg
Key Characteristics & Appeal
This 2023-built home in North Inkster Industrial offers modern living in a practical package. Its primary appeal lies in its new construction, requiring minimal immediate maintenance and featuring contemporary building standards. With 1,615 sqft of living space, the home is efficiently designed, ranking in the top 3% for size on its own street. This suggests a well-utilized floor plan that may feel more spacious than the lot size implies.
The property presents a notable value perspective. While its assessed value of $415k is around the city-wide average, it sits on a smaller, more manageable lot (2,346 sqft). This combination suits buyers seeking a modern home without the upkeep of a large yard, potentially offering lower property taxes relative to homes with similar living space on larger plots. It’s an ideal fit for first-time homeowners, small families, or professionals who prioritize a low-maintenance, newer build in a developing industrial-area neighbourhood over expansive outdoor space. A thoughtful point for buyers is the trade-off: you gain a modern, efficiently sized home but will have less private outdoor space compared to most areas in the city.
Frequently Asked Questions
1. Is this a true "move-in ready" home?
Given it was built in 2023, major components like the roof, HVAC, and appliances are virtually new, suggesting minimal upfront repair costs. It is likely in true move-in condition.
2. How does the smaller lot size impact the property?
The lot is significantly smaller than the Winnipeg average. This means lower maintenance and potentially lower landscaping costs, but also limited private outdoor space for gardening, play, or expansion.
3. What does the "Elite" ranking for year built mean?
It indicates this is one of the newest homes not just in the immediate area, but across the entire city (top 1%). This is a key advantage for buyers wanting modern layouts, energy efficiency, and current building codes.
4. The assessed value seems average, but what about the sold price?
The home sold between $400k-$450k in October 2023. This recent sale price, close to the current assessed value, provides a solid, transparent benchmark for its market value, with less guesswork than older sales.
5. Who would this property not suit?
It may not be the best fit for buyers who prioritize a large yard, extensive gardening, or future additions like a sizable deck or garage. Those seeking an established neighbourhood with mature trees might also look elsewhere.