Property Overview: 15 Hallfield Bay, Dakota Crossing, Winnipeg
Key Characteristics & Buyer Appeal
This is a well-maintained, single-storey home built in 1989, offering a practical and comfortable layout with 1,437 sqft of living space. Its key feature is a renovated basement, adding valuable finished space to the property. The home includes an attached garage and sits on a standard city lot of just over 5,300 sqft.
The primary appeal lies in its position as a solid, value-conscious option within its neighbourhood. While its living space and lot size are modest compared to other homes on Hallfield Bay itself, the property holds its own well within the broader Dakota Crossing area and citywide comparisons. Its assessed value is notably efficient, ranking above average citywide, which suggests a potentially favourable property tax position relative to the home's utility. This combination of a modernized basement, practical main-floor living, and a sensible financial footprint makes it an ideal fit for first-time homebuyers, downsizers seeking single-level living, or pragmatic investors looking for a stable rental property. It’s a home that offers livability without excess, suited for someone who prioritizes a renovated interior and manageable upkeep over having the largest property on the block.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Hallfield Bay but is around the average for the wider Dakota Crossing area. This indicates it may offer a more affordable entry point to this specific street while being in line with community norms.
2. What does the "renovated basement" typically include?
While specifics should be verified with a viewing, a renovated basement in a home of this era generally means a finished, livable space that may include recreation areas, additional bedrooms, or a bathroom, adding significant functional space to the 1,437 sqft main floor.
3. Is the lot size a limitation?
At 5,384 sqft, the lot is standard for many Winnipeg neighbourhoods. It is smaller than some on the same street but provides typical backyard space for gardening, play, or entertaining without the extensive maintenance of a larger yard.
4. How might the age of the home (1989) affect maintenance?
As a home approaching 35 years, crucial components like the roof, windows, and major mechanical systems (furnace, water heater) may be nearing or past their typical lifespans. A thorough inspection is recommended to budget for potential updates, though the renovated basement suggests some modernization has already occurred.
5. Why is the citywide assessed value ranking so much stronger than the neighbourhood ranking?
This home’s efficient assessment relative to its living space and features compares favourably against the wider range of older and newer homes across all of Winnipeg. This often reflects a lower assessed value than many similar-sized homes citywide, which can be a positive for property tax calculations.