Property Overview: 111 Fulton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-storey home in the Dakota Crossing neighbourhood, built in 1997. Its key features include a renovated basement and an attached garage. With 1,208 sqft of living space, it is a more compact option on its own street but aligns closely with the average home size across Winnipeg. The lot size is manageable at just under 4,400 sqft.
The primary appeal lies in its modern foundation and updated basement, offering a move-in-ready canvas. Its assessed value presents an interesting perspective: while it's below average for Fulton Street, it is above average citywide, suggesting solid value within the broader Winnipeg market. This home suits first-time buyers seeking a low-maintenance property, downsizers looking for a single-level layout without the need for extensive updates, or value-focused investors attracted by its relative affordability and recent sale history.
A less obvious angle is its positioning within a mature, established area. Being built in 1997, it is a newer home compared to many in the city, potentially meaning fewer concerns with outdated major systems. However, its smaller-than-average lot for Dakota Crossing indicates a more private, low-maintenance yard rather than expansive outdoor space.
Section 2: Frequently Asked Questions
1. How does the property's size compare to the area?
The living area is smaller than most homes on Fulton Street and in the Dakota Crossing area, but it is very close to the citywide average. It’s a comfortable size for individuals, couples, or small families.
2. What does the assessed value tell me about this home?
The assessment is notably lower than the average for the immediate street, which may indicate a value opportunity within this specific location. Citywide, however, it ranks above average, reflecting its solid standing in the broader market.
3. Is the basement finished?
Yes, the basement has been renovated, adding functional living space to the home's footprint.
4. What is the neighbourhood like for a home built in 1997?
Dakota Crossing features homes of varying ages. A 1997 build places this property among the newer homes in the city and likely one of the newer ones in its immediate vicinity, offering modern construction standards in an established community.
5. How does the lot size impact the property?
At 4,396 sqft, the lot is below the average for Dakota Crossing but typical for many city properties. This suggests a manageable yard that requires less upkeep, which can be a benefit for those seeking simplicity.