Key Characteristics & Buyer Appeal

This is a brand-new home (built 2024) on an unusually large lot. The living area is 1,233 sq ft—smaller than average for both its street and neighbourhood, but close to the citywide average. The land, however, stands out: at nearly 7,000 sq ft, it ranks in the top 6% on Indra Crescent and top 9% in the wider North Inkster Industrial area. Its assessed value sits near the middle of the street and slightly below the neighbourhood average, though above the city median.

The appeal lies in the combination of a new build with generous outdoor space—rare in many newer subdivisions. The house itself is compact, which keeps the entry price lower than many comparable new homes on larger lots would be. It suits a buyer who values a modern, low-maintenance interior but wants room for a garden, a shop, or future additions. It would also work for someone who prioritises a newer home in an established area that still has larger lots, rather than a dense, cookie-cutter development.

Five Possible FAQs

1. Why is the living area below average for the street while the lot is above average?
This is a relatively new infill house on a lot that was originally part of an older, larger parcel. Many neighbouring homes are older and bigger inside, but sit on smaller lots. You're essentially buying a newer, smaller footprint on above-average land.

2. What does "evaluation value" refer to here, and how does it relate to market price?
The figures shown are property assessment values used for tax purposes, not asking prices. They represent the city's estimate of market value, but actual sale prices can differ—especially for a 2024 build, where assessments may lag behind current market conditions.

3. Is the neighbourhood primarily residential, or is there industrial zoning nearby?
The area is called North Inkster Industrial, but it includes a mix of older single-family homes and newer infills. The name reflects historical zoning; today the immediate surroundings are mainly residential, though some light industrial uses are within a few blocks.

4. Are utilities and services already connected, or are there special considerations for a new build on a large lot?
Since the house was completed in 2024, all standard connections should be in place. However, the large lot may have additional features (like a separate garage pad or garden area) that aren't standard for the street—worth confirming during a viewing.

5. How does the property compare to other new builds in Winnipeg that are in a similar price range?
Most new single-family homes at this price point are in suburban developments with smaller lots (often 3,000–4,000 sq ft) and limited yard space. This property offers a newer interior and a significantly larger lot, but in a location that's more established and mixed-use, rather than a brand-new subdivision.