Property Overview: 96 Cheema Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, above-average sized home in Winnipeg's North Inkster Industrial area, built in 2023. Its primary appeal lies in its combination of new construction and generous proportions. With 1,988 sqft of living space, it ranks in the top 9-14% compared to both its immediate street and wider neighbourhood, offering more room than most nearby homes. The lot size of 4,465 sqft is notably large for Cheema Drive, placing it in the elite top 5% on the street, providing ample outdoor space uncommon in such a new development.
The property’s assessed value of $598k consistently places it in the top 8-17% across all comparison levels, indicating it is a premium offering for the area. A thoughtful perspective is that this home offers the benefits of a new build—modern standards, minimal immediate maintenance, and contemporary layouts—but on a more substantial lot than is typical for recent construction, where lots are often smaller. This makes it a standout for buyers who want new but don’t want to compromise on yard space.
This home would best suit buyers looking for a move-in ready, modern property who prioritize space and a newer building envelope. It’s ideal for those wanting to avoid the renovation projects common with older Winnipeg homes and who value the energy efficiency and design of a recent build. The data suggests it would also appeal to value-conscious buyers who recognize the long-term advantage of a newer home in a city where the average house is significantly older.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value of $598k is above average for its street, neighbourhood, and city-wide. It ranks in the top 12% for North Inkster Industrial and the top 8% city-wide, meaning it is valued higher than over 92% of homes in Winnipeg.
2. Is the lot size typical for a home built in 2023?
No, that’s a key feature. While the home itself is new, the lot size of 4,465 sqft is unusually large for a recent build. On Cheema Drive, it ranks in the elite top 5%, suggesting the developer offered more land than is standard in many new subdivisions.
3. What does the sold price history indicate?
Records show it sold between $600k-$650k in June 2023. This sale price range placed it in the top 6% for the neighbourhood and city at that time, confirming its premium market position from the time it was first sold.
4. The area is called "North Inkster Industrial." What should I know about that?
Prospective buyers should research the specific character of this pocket. While the home is new and residential, the broader area designation may influence factors like future development, traffic patterns, and the mix of property types. It’s advisable to visit at different times to get a full sense of the locale.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges based on public data. To obtain fully verified and exact sale figures, you must request a manual lookup via email from the service, as they do not have access to or display MLS copyright records.