Property Overview: 40 Millpond Path, Winnipeg

Key Characteristics & Appeal

This two-storey home in Inkster Gardens is a modern property built in 2018, offering a move-in-ready foundation with less than a decade of wear. Its key features include a renovated basement and an attached garage. With 1,392 sqft of living space, the home sits around the average size for its immediate street and the wider city, providing a practical layout for everyday living without feeling oversized.

The primary appeal lies in its contemporary build year, which places it among the newest 5% of homes in the Inkster Gardens area—a notable advantage in a neighbourhood with many older properties. This suggests updated building standards, modern systems, and minimal immediate renovation needs. The home’s assessed value is positioned solidly in the middle range for its local context, indicating a stable, fairly priced entry point into a newer build.

The property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium price tag. Its average-sized lot and floor plan offer manageable upkeep, while the renovated basement adds flexible space. A thoughtful perspective for buyers is to consider the land size: at 2,534 sqft, the lot is more compact than many in Winnipeg. This translates to less yard work but may limit expansion potential, making the home ideal for those prioritizing interior space and modern construction over extensive outdoor privacy or gardening space.

Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The assessed value of $40,400 is around the average for Millpond Path. It ranks 21st out of 30 comparable properties on the street, placing it comfortably in the middle tier without being an outlier on either the high or low end.

2. What does the "renovated basement" likely include?
While specific finishes aren’t listed, a renovated basement in an 8-year-old home typically means the lower level is finished as livable space—likely including drywall, flooring, and proper lighting—adding functional square footage for a family room, home office, or additional bedrooms.

3. Is the lot size a concern?
The land area is smaller than most in both Inkster Gardens and Winnipeg overall. This is a trade-off: it means less exterior maintenance and lower landscaping costs, but also less private outdoor space. It aligns well with a low-maintenance lifestyle.

4. Why is the build year highlighted as a key feature?
Built in 2018, this home is significantly newer than the neighbourhood average (1999) and the city-wide average (1966). This suggests more contemporary construction materials, energy efficiency, and modern layouts, with many major components like the roof, furnace, and windows likely having substantial life remaining.

5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sold price is available by request via email from the listing service, which provides the accurate figure manually without using your email for unsolicited marketing.