Property Overview
This two-storey home at 12 Vogan's Run in Dakota Crossing presents a compelling mix of modern convenience and relative value. Built in 2018, it is a notably newer home compared to most in Winnipeg, offering contemporary construction without the premium of a brand-new build. With 1,961 sqft of living space and an attached garage, it provides ample room for a growing family or those seeking a comfortable, low-maintenance lifestyle. Its appeal lies in this balance: it's a turn-key, modern property in an established neighbourhood.
A key characteristic is its position as a relative value within its immediate street. While its assessed value places it in the top tier for the city and Dakota Crossing overall, it ranks near the bottom for value on Vogan's Run itself. This suggests the street may consist of larger or more premium homes, meaning a buyer here gains access to that desirable setting at a potentially more accessible price point. The unrenovated basement offers a blank canvas for future expansion.
This home would suit first-time buyers looking for a modern property without a "starter home" feel, or practical-minded families who prioritize a newer build (and its associated warranties and efficiency) over custom finishes. It's also a sensible choice for buyers who see potential in personalizing a space over time.
Frequently Asked Questions
Is this a good value for the neighbourhood?
The data indicates it is an above-average value for both Dakota Crossing and Winnipeg overall. Its lower ranking on its own street suggests you are buying into a premium micro-area for less than what neighbours may have paid, which can be a strategic advantage.
What does "basement, not renovated" mean?
The basement is finished but in its original state from the 2018 build. It's functional and livable but may lack upgrades or personalized finishes. This is often seen as a positive, allowing you to customize it to your taste without the cost or hassle of a full basement development.
How does the lot size compare?
At just over 5,500 sqft, the lot is average for the city and Dakota Crossing. It provides standard outdoor space for a newer subdivision home—adequate for a deck, garden, and play area, but not an exceptionally large or private yard.
Why is the assessed value so much lower than the last sale price?
The home sold for $68.80k in 2022 and is now assessed at $56.20k. This is not unusual; municipal property assessments for tax purposes often differ from market sale prices and can be influenced by various formulas and timelines. Always rely on a current market evaluation for buying or selling.
What are the pros and cons of a 2018 build?
A significant pro is that major components like the roof, furnace, and windows are still relatively new and likely under transferable warranty, minimizing near-term repair costs. A potential con is that the original builder-grade materials and finishes are now 6-8 years old, so some wear or dated styles may start to appear, depending on the previous owner's upkeep.