Property Overview: 44 Cheema Drive, Winnipeg

Key Characteristics & Appeal

This modern, 1,910 sqft home built in 2023 offers a compelling blend of space, new construction, and relative value within its context. Its primary appeal lies in its above-average living area compared to most local and city-wide peers, combined with the significant advantage of being a nearly new build, which places it in the top tier for age both in the North Inkster Industrial area and across Winnipeg. The assessed value of $579k is notably above the city-wide average, suggesting strong appraisal, but is more in line with averages within its immediate neighborhood and street.

The property suits buyers seeking a modern home with minimal initial maintenance, who value interior space over a large yard. The lot size is generous for the street but average for the wider area, making it ideal for those who prefer a low-maintenance exterior. This home represents a strategic choice for someone looking for a newer, spacious property in an established industrial-area neighborhood without paying the premium often found in newer suburban developments.

Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
It sold in September 2023 for an estimated $650k-$700k. The current assessed value of $579k is below that sale price range, which may reflect market adjustments or the specific nature of the assessment.

2. What does the "North Inkster Industrial" neighborhood imply?
This designation typically indicates a mixed-use area with both residential and light industrial properties. Buyers should be aware of the potential for commercial traffic and activity nearby, which can be a trade-off for often more affordable or spacious housing options.

3. Is the lot size a pro or a con?
It depends on your priorities. At 4,241 sqft, the lot is above average for Cheema Drive, offering good outdoor space for the street. However, it is smaller than the typical city-wide lot, so it may not suit those dreaming of extensive gardens or large additions.

4. How reliable is the sold price data shown?
The provided sale price is a range based on publicly available data, not the official MLS record. For a verified sale history and exact figure, you must request a manual lookup from the site via email.

5. What are the less obvious considerations for a 2023 build?
While offering modern standards and efficiency, being one of the newest homes on the block means there is less established data on long-term neighborhood development trends or how the property ages relative to its surroundings. Its elite ranking for age is a clear advantage, but also means the landscape and community are still maturing.