Property Overview: 120 Indra Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2023, offering the appeal of a nearly new property with minimal initial upkeep. Its primary strength lies in its efficient and above-average living space (1,615 sq ft), which is notably larger than most homes on its own street and across the wider city. This creates a practical, comfortable interior without excessive footprint.

The appeal is balanced. The home sits on a smaller lot (2,345 sq ft), which is a consistent trade-off across all comparison levels—from its street to the entire city. This will suit buyers who prioritize a modern interior and minimal yard maintenance over extensive outdoor private space. The assessed value of $437k positions it as a solid, mid-range property for the area, not an outlier in either direction.

This property would ideally suit first-time buyers or downsizers seeking a turn-key, modern home in a developing area (North Inkster Industrial). It’s for those who value contemporary builds and efficient interior space, and who are comfortable with a compact yard. A thoughtful perspective is that while the lot is small locally, it’s part of a newer community where this may be the standard, fostering a low-maintenance lifestyle. The data suggests it’s a home that offers more on the inside than its lot size might imply.

Section 2: Frequently Asked Questions

1. Is the lot size a concern?
The lot is smaller than the average for Winnipeg, which is typical for newer developments. It means less yard maintenance but also less private outdoor space. If gardening or extensive outdoor recreation is a priority, this may not be the best fit.

2. How does the assessed value compare?
At $437k, it’s slightly above average for its immediate street but around the middle of the pack for its broader neighbourhood and the city. This suggests a stable, market-aligned valuation without premium or discount pressures from its direct surroundings.

3. What does the "Elite" ranking for Year Built mean?
It means this is one of the newest homes in the broader area and city-wide. Compared to Winnipeg's average home built in 1966, this 2023 build offers modern construction standards, likely better energy efficiency, and should have fewer immediate repair needs.

4. What was the likely sold price?
Based on the provided range and timing (sold October 2023), the sale price fell between CA$450,000 and $500,000. The exact figure can be requested from the site via email.

5. Who are the typical neighbours?
The listings for nearby properties on Indra and Cheema Drives show assessed values from $422k to $175k, indicating a mix of similar new builds and potentially more modest or older properties. This points to a neighbourhood in transition or with varied housing types, which is common in developing industrial-residential areas.