Property Overview
This 2017-built bi-level home at 6-1171 Fife Street in Winnipeg's Inkster Industrial Park offers a practical, low-maintenance living option. With 912 sqft of living space, a renovated basement, and a detached garage, it presents a turnkey solution in a no-frills, industrial-adjacent neighbourhood. Its standout characteristic is its modern build year relative to most of Winnipeg, placing it in the top 5% citywide for age.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of a recent construction date and a notably low municipal assessed value of $37,500. This combination suggests a potentially lower entry point for a home that is less likely to require major immediate repairs or updates. The renovated basement adds functional living space. Its position in the Inkster Industrial Park neighbourhood means it suits buyers prioritizing affordability and straightforward utility over traditional residential amenities or large outdoor spaces. The lot is modest at 3,025 sqft, aligning with a low-maintenance lifestyle.
This home would best suit a first-time buyer, an investor looking for a practical rental property, or someone seeking an efficient, modern footprint without the premium price tag of newer builds in core residential areas. A thoughtful perspective is that while the living space is compact, its efficient modern layout and recent construction could translate to lower utility and upkeep costs compared to older, larger homes. Its "above average" assessed value within its immediate area hints that it may already be perceived as a relative standout on its street.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific characteristics and its location within the Inkster Industrial Park area, where property values are generally lower than the Winnipeg average. It is actually above average for its immediate neighbourhood and street.
2. What does the "Elite" ranking for Year Built mean?
This means the 2017 build date is newer than approximately 95% of all residential properties in Winnipeg, placing it in the top 5% citywide. This is a key advantage for maintenance and systems.
3. Is the living area sufficient for a small family?
At 912 sqft, the living area is below the city average. The renovated basement provides additional space, making it most suitable for individuals, couples, or a very small family comfortable with compact, efficient living.
4. What is the Inkster Industrial Park neighbourhood like?
It is a mixed-use area with industrial and residential properties. Buyers should expect a functional, no-frills environment geared toward practicality and affordability rather than green spaces or typical suburban amenities.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it by email via the button on the property page. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing.