Property Overview: 19 Burrowing Owl Cove, Inkster Gardens

Key Characteristics & Appeal

This 2015-built, two-storey home in Inkster Gardens offers a balanced, modern living package. With 1,552 sqft of living space, it sits above the average for both the neighbourhood and the city, providing ample room without being oversized. Its key feature is a renovated basement, adding valuable finished space. The property includes a detached garage and sits on a standard city lot of just over 4,000 sqft.

The appeal lies in its strong positional value within its immediate market. The home consistently ranks above average in its peer group for assessed value, indicating it is a well-regarded property on its street and in Inkster Gardens. As a home from 2015, it is notably newer than the Winnipeg city-wide average, suggesting modern construction standards and less immediate need for major system updates. The renovated basement is a practical advantage, offering flexibility for recreation, home office, or guest space.

This property would suit pragmatic buyers looking for a move-in-ready home that requires no major work. It’s ideal for small families or professionals who value space and modern amenities but don’t want the upkeep of a larger lot or an older home. It also represents a sound choice for value-conscious buyers, as its above-average assessments and recent sale history suggest a stable investment in a established neighbourhood.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,552 sqft, the living area is larger than the average home on Burrowing Owl Cove, in the wider Inkster Gardens area, and across Winnipeg. It offers more interior space than most comparable properties.

2. What does the “above average” assessed value ranking mean?
The assessed value of $54.10k ranks in the top 20-30% of similar homes in the area. This typically indicates the municipality views it as a higher-value property within its cohort, often due to factors like condition, improvements (like the renovated basement), and desirability of the specific location.

3. Is the lot size a constraint?
The lot is approximately 4,091 sqft, which is standard for the street and neighbourhood. It provides adequate private outdoor space for a deck or garden but is below the much larger city-wide average, which includes many older neighbourhoods. It suits those who prefer less yard maintenance.

4. The home sold in late 2023. What can that price tell me?
The reported sale price range provides a recent market benchmark. Given the sale was fairly recent, it is a strong indicator of the home’s current market value, especially when considered alongside its above-average assessed value.

5. What are the less obvious benefits of a 2015-built home?
Beyond just being “modern,” a 2015 build likely means more contemporary energy efficiency, wiring capable of handling today’s electronic demands, and building materials and techniques that may require less near-term repair than homes built decades earlier. It strikes a balance between being new enough for modern comforts and old enough to be in an established community.