Property Overview: 14 Hallfield Bay, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home in Dakota Crossing presents a compelling value proposition centered on its generous lot. Built in 1989, the 1,408 sqft house sits on an approximately 9,000 sqft property—a standout feature that ranks in the top 5% of lots within the neighbourhood. This offers significant outdoor space and potential not commonly found in newer subdivisions. The home itself has a renovated basement and an attached garage, with a living area that is modest relative to its immediate street but aligns more closely with broader city averages.
The primary appeal lies in this land-to-building ratio. It suits a buyer who prioritizes yard space for gardening, recreation, or future expansion over having a maximized interior footprint from the outset. It’s a practical fit for first-time buyers or downsizers seeking a manageable home without sacrificing outdoor privacy, or for value-conscious investors attracted by the below-average assessed value relative to the street. A thoughtful perspective is that while the house may require updates consistent with its era, the lot size is a permanent asset that is increasingly rare, offering long-term equity potential that interior upgrades alone cannot match.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,408 sqft, the living area is below the average for Hallfield Bay itself but is closer to the average for both the wider Dakota Crossing neighbourhood and the city of Winnipeg as a whole.
2. What is the significance of the lot size?
The land area of 8,988 sqft is a defining feature. It ranks in the elite top 5% for Dakota Crossing, offering substantially more yard space than most neighbouring properties.
3. Is the assessed value typical for this home?
The assessed value is below the average for its specific street, but is around the neighbourhood average and above the city-wide average, suggesting the property is viewed as a solid value within the broader Winnipeg market.
4. What might the 1989 build year mean for a buyer?
As a home built in the late 1980s, buyers should budget for potential updates to major aging components like the roof, windows, or HVAC system, which may be nearing the end of their service life.
5. How does the last sale price from 2017 relate to current value?
The 2017 sale price of $37.50k is a historical data point. The current assessed value and market conditions will determine today’s value, and this past price should not be used as a direct indicator of the present listing price.