Property Overview: 4 Cheema Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, well-sized home in Winnipeg's North Inkster Industrial area, built in 2023. Its primary appeal lies in its combination of new construction and above-average space. With 1,910 sqft of living area, it offers more room than most homes on its street, in its area, and across the entire city. The assessed value of $576k positions it as a premium property city-wide (top 10%), suggesting strong build quality and finishes for its age.

The lot size of 4,254 sqft is generous for the immediate neighborhood, providing ample private outdoor space compared to nearby homes. A thoughtful perspective is that this property represents a "modern standard" in a developing area—it's not just new, but it ranks among the newest 1% of homes city-wide, meaning it likely incorporates current building codes, energy efficiency, and layouts. It would suit buyers looking for a move-in-ready, low-maintenance home without sacrificing interior space, and who value a newer community's infrastructure. It's particularly suited for those who prioritize modern amenities over an established, mature neighborhood setting.

Frequently Asked Questions

1. How does this home compare to others nearby?
It stands out for its newness and size. It's newer than 99% of homes in Winnipeg and has more living space than 87% of city properties. On its own street, it offers more living area and a larger lot than most comparable homes.

2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 5% of properties in its broader area and the newest 1% city-wide. You are unlikely to find many homes of more recent construction.

3. The assessed value is higher than the 2023 sale price. What does that indicate?
The current assessed value ($576k) is above the last recorded sale price range ($550k-$600k in late 2023). This typically reflects municipal assessment trends and may indicate the property has maintained or increased its market value since purchase.

4. Is the North Inkster Industrial area primarily for businesses?
Despite the "Industrial" name, this is a residential sub-division within the larger North Inkster neighborhood, consisting of newer single-family homes.

5. How can I verify the exact historical sale price?
The exact sale price is not published publicly due to industry regulations. You can request the precise figure by email through this site for a manual lookup, which provides fully verified data.