Property Overview
106 Julia Road is a well-proportioned family home in Winnipeg's Dakota Crossing neighborhood. Built in 2003, it features 1,643 sqft of living space, an attached garage, and a renovated basement. The property sits on a 5,387 sqft lot, which is notably larger than most on its street.
Its primary appeal lies in its strong positional value within a established, modern neighborhood. The home's assessed value of $560k places it in the top 3% on Julia Road, suggesting it is a premium property for the immediate area. This combination of above-average interior space, a generous lot for the street, and a modern build date with updates presents a move-in ready package. It would suit buyers looking for a turnkey home in a late-90s/early-2000s subdivision, particularly those who value space and a strong relative valuation within a specific community over an ultra-large yard by city-wide standards.
A less obvious perspective is that this home represents a "best-in-class" option for Julia Road itself, potentially offering a higher standard of finish or amenities than its direct neighbors. Its last sale was in 2017 for $425,000, indicating significant equity growth over that period for the current owners.
Frequently Asked Questions
1. How does the value of this home compare to its neighbors?
The home's $560k assessment is elite for Julia Road, placing it in the top 3% of 69 comparable homes on the street. It is also above average for the wider Dakota Crossing area and city-wide.
2. Is the lot size typical for the area?
The 5,387 sqft lot is above average for Julia Road (top 10%) but is around the median size when compared to the entire Dakota Crossing neighborhood and the city.
3. What does the "renovated basement" likely include?
While specific finishes aren't listed, a renovated basement in a home of this age and caliber typically means a finished living area, which adds functional square footage for recreation, a home office, or additional bedrooms.
4. The home last sold in 2017. What does that mean?
The 2017 sale suggests the current owners have likely owned it for several years. This can indicate settled ownership and potentially more consistent maintenance, but it's wise to ask what updates have been made since their purchase.
5. Who would this home not suit?
Buyers seeking a historic character home, a brand-new build, or a very large, rural-style yard may find other properties more suitable. It's a classic suburban family home from the early 2000s.