Property Overview: 131 Abbotsfield Drive, Winnipeg
Key Characteristics & Appeal
This single-storey home in Dakota Crossing presents a practical and value-oriented opportunity. Built in 1994, its key appeal lies in its efficient use of space and its position on a larger-than-average lot for the immediate street. With 1,194 sqft of living space, the home is compact compared to many neighbours, but this can translate to lower utility costs and easier maintenance. A recently renovated basement adds functional living area. The attached garage and a land area of over 5,300 sqft are significant practical assets, offering good outdoor space and storage potential not always found in homes of this size.
Its value proposition is nuanced. While the living space is modest for the Dakota Crossing area, the property holds a strong assessed value city-wide, suggesting underlying value in its structure, lot, or renovations. It would suit first-time buyers seeking an affordable entry into a stable neighbourhood, downsizers looking for a manageable single-level layout without sacrificing yard space, or value-focused investors attracted by the renovated basement suite potential (subject to verification). This isn't a sprawling showhome, but a grounded property where the investment is in solid fundamentals—land, location, and modernized essentials—rather than sheer square footage.
Frequently Asked Questions
1. Is this house smaller than others in the area?
Yes. At 1,194 sqft, the living area is below the average for both Abbotsfield Drive and the wider Dakota Crossing neighbourhood. This is reflected in its ranking and is a key factor in its pricing.
2. What does the "strong city-wide assessed value" mean?
While the home's assessed value is around average for Dakota Crossing, it ranks in the top 29% compared to all Winnipeg homes. This indicates that for its assessed value, you are getting a property that holds up well against the broader market, often due to its lot size, condition, or recent improvements.
3. How does the lot size compare?
The 5,314 sqft lot is a standout feature on this street, ranking above average among immediate neighbours. It offers more outdoor space than is typical for nearby properties, which is a considerable plus for gardening, recreation, or future expansion.
4. When was it last sold, and for how much?
The property last sold in May 2017 for $38,400. This historical price provides context for its current assessed value and listing price, showing appreciation over the last seven years.
5. What are the basement details?
The listing confirms a renovated basement. Prospective buyers should inquire about the specifics of the renovation, whether it includes a separate entrance or kitchenette (which could suggest income suite potential), and ensure all work was properly permitted.