Property Overview: 115 Old Commonwealth Path, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens offers a practical, modern foundation. Built in 2016, it is a notably newer construction compared to most Winnipeg homes, suggesting contemporary building standards and less immediate concern for major system overhauls. With 1,406 sqft of living space, it provides room for a growing family or someone needing a home office, sitting squarely in the average range for the area. A key financial point is its assessed value, which ranks above average for its immediate street, potentially indicating a perceived stability or desirability within this specific pocket of the neighbourhood.

The appeal here is grounded in balance and modernity rather than expansive size. The lot is compact (2,068 sqft), which translates to lower maintenance—a significant plus for busy professionals, first-time homeowners, or downsizers who want a yard without the weekend workload. The presence of a detached garage adds valuable storage or workshop space. This property suits buyers looking for a turn-key, low-maintenance home from the last decade, who prioritize interior space and modern amenities over a large garden. It’s a sensible choice for those who want to enter a neighbourhood without taking on an older home’s renovation projects, though the compact lot means outdoor privacy may be limited.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is noted as "not renovated." It is a blank canvas, offering storage or future expansion potential, but it is not a livable, finished space as-is.

2. How does the property’s value compare to the area?
Its assessed value is above average for Old Commonwealth Path itself but average for the wider Inkster Gardens area. This suggests it may be well-positioned on its street, but buyers should compare it carefully with recent sales of similar-sized homes in the broader neighbourhood.

3. What are the maintenance implications of a 2016 build?
A home from 2016 is past the initial builder warranty period but is still relatively new. Major components like the roof, furnace, and windows are likely in good condition, potentially deferring significant capital expenses for several years.

4. The lot size seems small. What does that mean practically?
The land area is significantly below average for both the neighbourhood and city. This means a smaller backyard, potentially closer proximity to neighbours, and very limited scope for additions like a large deck or expansion. The trade-off is minimal yard upkeep.

5. Where can I find the exact historical sale price?
The exact sold price from its last transaction in April 2016 is not publicly listed in this summary. The site provides a range and offers to share the precise figure via email upon request, which they state is handled manually without using your email for unsolicited marketing.