Property Overview
This 1986 bi-level home at 117 Sauve Crescent in Dakota Crossing presents a practical, entry-level opportunity. With 870 sqft of living space and a renovated basement, it offers functional living on a manageable 4,304 sqft lot. The home’s assessed value is modest, particularly for the neighbourhood, which suggests a relatively lower property tax burden. Its recent sale history shows significant price appreciation, indicating a strong investment trajectory over the past several years.
The appeal here is grounded in affordability and simplicity. It suits first-time buyers seeking a foothold in the Winnipeg market without a premium price tag, or investors looking for a straightforward rental property. A thoughtful perspective is that while the home is below average in size and lot for its immediate area, this translates to less maintenance and lower utility costs—a practical trade-off. Its age places it among the older homes on the street, which can sometimes mean more mature landscaping and established community feel.
Key Details & Questions
What are the home’s key features?
It is a bi-level with a renovated basement, built in 1986. It includes 870 sqft of living space and sits on a 4,304 sqft lot. There is no garage or pool.
How does it compare to other homes?
Within Dakota Crossing, the living space and lot size are below the neighbourhood average. However, its assessed value is also notably below the local average, which is a key financial consideration.
What is the price history?
The home sold most recently in April 2024 for $370,000. Previous sales were $330,000 in May 2021 and $30,500 in September 2016, demonstrating considerable value growth.
Who would this home suit best?
It is well-suited for first-time homebuyers or investors. Its scale and price point are manageable, and the renovated basement adds functional living space.
What should a potential buyer consider?
Prospective buyers should weigh the benefits of lower taxes and a renovated basement against the smaller-than-average living area and the lack of a garage. Verifying the scope and permits for the basement renovation would be a prudent step.