Property Overview
This 1,055 sqft, three-level split home at 176 Queensbury Bay in Winnipeg's Dakota Crossing neighborhood presents a practical opportunity. Built in 1987, it features an attached garage and a renovated basement. The home sits on a 4,753 sqft lot. Its key appeal lies in its position as a solid, no-frills property within a well-established area. It suits first-time buyers seeking an entry point into homeownership, downsizers looking for manageable space without a condo fee, or practical investors interested in a renovated basement suite potential (subject to verification). A thoughtful perspective is that while its living space is modest for the immediate street, its city-wide assessed value ranking is strong, suggesting it may represent good value relative to Winnipeg as a whole.
Frequently Asked Questions
1. How does this home's size compare to others in the area?
At 1,055 sqft, the living area is below the average for both Queensbury Bay and the wider Dakota Crossing area, indicating it is one of the more compact homes in the neighborhood.
2. Is the assessed value high for Winnipeg?
Interestingly, while the assessed value is around average for its street and neighborhood, it ranks in the top 29% city-wide. This suggests you may get more value here compared to many other parts of the city.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to see the quality of finishes, check for proper permits, and understand the layout—particularly if considering it as a potential separate suite.
4. How does the lot size affect the property?
The lot is 4,753 sqft, which is smaller than many on the same street but close to the average for Dakota Crossing. This means lower maintenance than a larger lot, but outdoor space may be more limited.
5. The home last sold in 2016. What does that indicate?
The eight-year ownership period suggests the sellers were settled, which can be a sign of a stable property. It also means there may have been incremental updates during that time, which a buyer should inquire about.