Property Overview: 160 Wainwright Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Dakota Crossing, built in 2014, presents a practical and modern living option. Its key appeal lies in its balance of above-average citywide space and a relatively recent build year, meaning major systems are likely still within their expected lifespan. With 1,783 sqft of living space, it offers more room than most Winnipeg homes, yet it sits on a more modest, manageable lot. The attached garage and existing (but unrenovated) basement add functional utility.
The property’s standout perspective is its positional value. While its assessed value is below average for its immediate street, it is above average for both the neighbourhood and the entire city. This suggests you may be acquiring a well-sized, modern home in a desirable area at an entry point relative to its closest neighbours. It suits buyers looking for a move-in ready, low-maintenance home from the last decade who prioritize interior space over extensive yard work. It’s particularly fitting for growing families or professionals who want the comforts of a newer build in an established community without the premium often attached to the largest lots on the block.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
The home sold for $510k in early 2022. The current assessed value is a municipal assessment for tax purposes, which often lags behind rapid market shifts and is calculated using different criteria. The sale price is typically a stronger indicator of current market value.
2. What does "basement yes, not renovated" imply?
It confirms the house has a full basement, but it remains in its original, builder-grade finish. It offers ample storage and potential for future development, but it is not a finished living space.
3. How does the lot size impact this property?
At 4,599 sqft, the lot is smaller than most on the street and in Dakota Crossing. This means less exterior maintenance but also less private outdoor space. For some, this is a worthwhile trade-off for a newer, larger interior.
4. Is this a good investment compared to neighbours?
The data suggests it could be. With an assessed value ranking 44th out of 47 on its own street, you may be buying one of the more affordable homes on Wainwright Crescent, while still getting a newer and above-average-sized property for the wider area.
5. What is the neighbourhood like?
Dakota Crossing is a mature, family-oriented community in Winnipeg. The home's 2014 build date makes it one of the newer homes in the area, which generally has an older average home age (1997). This indicates a stable, established neighbourhood with pockets of newer infill development.