Property Overview: 118 Amersham Crescent, Winnipeg
Key Characteristics & Appeal
This is a modest, well-situated one-storey home in Dakota Crossing, built in 1987. With 1,002 sqft of living space and an attached garage, it sits on a standard-sized lot of just under 5,000 sqft. A key feature is its renovated basement, adding functional living space. The home’s assessed value is notably consistent with others on its street, suggesting it fits comfortably within its immediate neighbourhood context.
Its primary appeal lies in its practicality and location stability. While its square footage is below average for both the neighbourhood and the city, this translates to lower utility costs and easier maintenance—a genuine advantage for those seeking simplicity. The home suits first-time buyers, downsizers, or investors looking for an affordable, single-level entry into the Winnipeg market. It represents a straightforward property without premium features, but with the solid foundation of a renovated basement and a predictable value profile on a settled street.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,002 sqft, the living area is below the average for both the Dakota Crossing area and the city overall. This indicates a more compact, efficient layout that may appeal to those seeking lower maintenance and operating costs.
2. What does the assessed value tell me?
The assessed value of $40,900 is very close to the street average, suggesting the property is typical for Amersham Crescent. It is below the average for the wider Dakota Crossing area, which could indicate a value opportunity within the neighbourhood.
3. Is the basement renovation reflected in the assessment?
The listing notes a renovated basement, which adds valuable living space. However, the assessed value remains moderate. A professional inspection would be advised to understand the quality and scope of the renovation.
4. How does the lot size impact potential?
The lot of 4,835 sqft is near the average for the street and neighbourhood. It provides standard outdoor space but may not offer excess land for significant expansions, aligning with the home’s practical profile.
5. The home sold in 2016 for $33,900. What does that mean today?
The 2016 sale price is a historical data point. The current assessed value has risen since then, reflecting market changes over eight years. For current market value, a comparative market analysis based on very recent sales is essential.