Property Overview
This single-storey home at 14 Sand Lily Drive in Dakota Crossing is a practical, renovated property that presents a clear value proposition within its market. Its key appeal lies in being a well-maintained, move-in-ready home from the late 1980s, offering modern comforts on a manageable scale. The living space is compact at 1,120 sqft, making it efficient to maintain and heat. A renovated basement adds functional living area, and the attached garage provides convenience. The lot size is modest compared to others on the street, which translates to less yard work. The home’s assessed value is notably lower than many in the city, suggesting a potentially accessible price point for the area.
It would suit first-time buyers seeking an established neighborhood without a massive footprint, downsizers looking for a single-level layout with recent updates, or pragmatic investors interested in a renovated property with solid fundamentals. A thoughtful perspective is that while the home ranks below average for size and value within its immediate street and neighborhood, it sits around the city-wide average, positioning it as a typical Winnipeg home rather than an outlier. Its age is above average for the city, indicating a mature property with likely settled infrastructure.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing confirms the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
2. How does the property’s value compare?
The home’s assessed value ($41.70k) is below the average for both Sand Lily Drive and Dakota Crossing, but interestingly, it is around the city-wide average when compared to all Winnipeg properties. This indicates it may offer relative value within its specific community.
3. What does the lot size mean for me?
At just over 5,000 sqft, the lot is the smallest on Sand Lily Drive. This means less maintenance and lower landscaping costs, but also limited space for expansions, large gardens, or extensive outdoor recreation.
4. The home was last sold in 2019. What does that indicate?
The sale in May 2019 for $300k suggests a relatively recent turnover. This could mean the current renovations were done by the sellers, providing a home updated within the last five years.
5. Are properties on this street similar?
Data shows homes on Sand Lily Drive typically have larger lots and living areas. This property is among the more compact on the street, which often translates to a lower price point, making it a potential entry point into the area.