Property Overview
46 Inez Crossing presents a compelling and somewhat unique profile. It is a brand-new 2024 build in Winnipeg's Waverley West B neighbourhood, sitting on a 5,096 sqft lot. With 1,471 sqft of living space and an assessed value of $684k, its standout feature is its premium positioning relative to its immediate surroundings and the wider city.
Key Characteristics & Buyer Appeal
This home’s appeal lies in its modern construction and its position as a high-value asset within its context. While its living area is notably smaller than most homes on its street and in its neighbourhood, it compensates with a significantly higher assessed value, ranking in the top 4% citywide. This suggests a premium build quality, finishes, or desirability that exceeds its square footage.
The property is ideally suited for buyers seeking a modern, low-maintenance home without sacrificing a substantial lot size. It would particularly appeal to:
- Upgraders or professionals who value contemporary design and new systems over sheer interior size.
- Value-conscious investors looking at a property with an assessed value that ranks "elite" across Winnipeg, indicating strong long-term potential.
- Buyers wanting the best on the block, as it holds the newest build date and largest lot on its specific street.
A thoughtful perspective is that this home trades the trend of maximizing interior space for perceived quality and land. It’s a property that stands out on its street not for being the biggest, but for being the newest and most highly valued, offering a distinct sense of place.
Frequently Asked Questions
1. Is the living area too small for the price?
While below the street and neighbourhood averages for size, the home's "elite" citywide value ranking suggests factors beyond square footage—like premium materials, layout efficiency, or modern amenities—justify its valuation.
2. What does the high assessed value actually mean?
It indicates the municipal assessment is significantly above averages, especially citywide. This typically reflects the new construction and desirable lot, but it's important to review current market conditions and recent sales for context.
3. How does the lot size compare?
At over 5,000 sqft, it's the largest lot on its street. However, it's around the average for Winnipeg and smaller than the typical large lot in the wider Waverley West B area.
4. Who might this property not suit?
Buyers who prioritize maximum interior square footage for the price, or those seeking a more established, mature neighbourhood with older homes and larger properties, might find better options elsewhere.
5. Are there any concerns with a 2024 build?
While offering modern efficiency and warranties, it's in a newer development area. Prospective buyers may wish to inquire about the builder's reputation, the completion status of surrounding infrastructure, and the maturity of landscaping.