Property Overview: 4 Indra Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 4 Indra Crescent is a modern, low-maintenance property built in 2023, offering the appeal of a nearly new build in Winnipeg's North Inkster Industrial area. Its key strength is its efficient and above-average living space. With 1,615 sqft, it ranks in the top 3% for size on its own street and offers more room than the typical Winnipeg home. This creates a sense of value, providing generous interior space without an excessively large yard to maintain.

The appeal lies in its balance. The assessed value is consistently "around average" at $420k across all comparison levels, suggesting a stable, market-aligned valuation. The lot size is compact (2,598 sqft), which is typical for newer developments and ideal for buyers seeking minimal exterior upkeep. Its modern construction means major systems like roofing, HVAC, and windows are under warranty and built to current standards, offering significant peace of mind and protection from near-term capital expenses.

This property would best suit first-time buyers or professionals looking for a modern, move-in-ready home without the burdens of a large yard. It’s also a practical choice for investors seeking a newer asset with likely lower maintenance costs. A thoughtful perspective is that while the lot is smaller compared to the broader city, this aligns with a simpler lifestyle and allows the interior space—which is notably generous for the street—to be the primary focus.

Section 2: Frequently Asked Questions

1. What is the likely actual market value?
The home last sold for an estimated $500k-$550k in late 2023. Its current assessed value is $420k. Market value typically falls between recent sold prices and the assessed value, but consulting a local agent for a comparative market analysis is essential for an accurate figure.

2. Are there any concerns with the "Industrial" area name?
North Inkster Industrial is a residential neighbourhood. The name reflects its general area within Winnipeg. It's advisable to visit at different times to gauge traffic, noise, and the overall community feel, as you would with any neighbourhood.

3. What are the benefits of a 2023 build?
A home built just three years ago should have all major components (roof, furnace, appliances, windows) under manufacturer's warranties. It also likely meets modern building codes for energy efficiency and safety, potentially leading to lower utility costs.

4. The lot size seems small. Is that a drawback?
It depends on your lifestyle. The lot is smaller than the Winnipeg average, which means less yard work and lower exterior maintenance costs. It’s a drawback if you desire extensive gardening or outdoor space, but an advantage if you prefer a low-maintenance property.

5. How can I verify the exact past sale price?
The provided sale price is an estimated range from public records. For the exact, verified sale history, you must request a manual lookup from the site via email, as they do not display official MLS sold data.