Property Overview: 124 Queensbury Bay
Section 1: Key Characteristics & Appeal
This 3-level split home at 124 Queensbury Bay in Dakota Crossing is a practical and well-situated property. Built in 1987, it is notably newer than many homes in Winnipeg overall, offering a more modern foundation than much of the city's housing stock. The home features 1,117 sqft of living space, which is modest for the immediate area but aligns closer to the citywide average, suggesting an efficient layout. Its key feature is a renovated basement, adding valuable finished space. The property sits on a standard 5,265 sqft lot with an attached garage.
The appeal lies in its balance and location. It represents a solid, no-fuss entry into a stable neighborhood, with the renovation work already started in the basement. The assessed value is strong citywide, indicating good municipal valuation relative to many other Winnipeg homes. It would suit first-time buyers or downsizers looking for a manageable, single-family home without excessive square footage or yard maintenance. It’s a property for those who prioritize a newer build year and move-in readiness (thanks to the basement renovation) over having the largest floor plan on the block.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 1,117 sqft, the living area is below the average for both the street and the Dakota Crossing neighborhood. However, it is much closer to the average home size across the entire city of Winnipeg. This indicates a more compact, efficient layout compared to its immediate neighbors.
2. What does the assessed value tell us?
The assessed value of $44,900 is around average for the street and neighborhood but ranks in the top 29% citywide. This suggests that for its size and type, the property holds a relatively strong value position compared to the broader Winnipeg market.
3. Is the 1987 build year a positive?
Yes, particularly in a citywide context. Built in 1987, this home is newer than approximately 75% of all homes in Winnipeg, which is a significant advantage. It likely means newer building materials, standards, and potentially fewer major aging component concerns than in older homes.
4. What is the significance of the last sale price?
The home sold in December 2016 for $33,500. This historical price is not indicative of current market value but is useful for understanding the property's price trajectory over time. Any buyer should rely on a current market appraisal and recent comparable sales.
5. What are the less obvious considerations?
A thoughtful point is the "3-level split" design, common for its era. This offers good separation of living spaces but often involves several short flights of stairs, which is worth considering for mobility or future needs. Additionally, while the lot size is standard, its ranking is stronger on the street than in the city, meaning outdoor space is typical for the area but may be smaller than in many other parts of Winnipeg.