Property Overview
This two-storey home at 189 Barlow Crescent in Winnipeg's Dakota Crossing neighbourhood presents a compelling blend of space, modern updates, and established community appeal. Built in 1995, it stands out for its above-average living area of 1,909 sqft, placing it comfortably within the top tier of homes locally. The property benefits from a renovated basement and an attached garage. Its assessed value ranks highly, particularly on its own street, suggesting it is a well-regarded and maintained home in its immediate area. The lot size is standard for the neighbourhood, offering manageable outdoor space without excessive upkeep.
The primary appeal lies in its move-in-ready potential, backed by recent renovations and a spacious floor plan that outperforms many area comparables. It suits buyers looking for a family home in a mature, established area who want more interior space than the neighbourhood average without venturing into a massive, high-maintenance property. A thoughtful perspective is that while the home is not the newest on the block, its 1995 build date is actually an advantage—it avoids the very oldest infrastructure concerns while allowing for updates to have been made over time, potentially offering a solid, settled structure.
Frequently Asked Questions
How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The home last sold in May 2021 for $500,000. Current market conditions, the home's updated condition, and its high ranking in assessed value among peers will be the true drivers of its listing price.
Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its current use and compliance with local regulations if considering an income suite.
What are the advantages of a 1995-built home?
Homes from this era often incorporate more modern wiring, insulation standards, and floor plans than older stock, while being past the initial "settling" phase. Major components like the roof or windows may be due for inspection or replacement based on their lifecycle.
How does the lot size impact future plans?
At 5,604 sqft, the lot is typical for the area. It provides good backyard space for family use but may have limitations for significant expansions or additions, subject to local zoning bylaws.
Why are the rankings for this property useful?
They provide instant context. For example, ranking in the top 5% for assessed value on its street indicates it's likely one of the most desirable properties on Barlow Crescent, which can be a positive signal for value retention and neighbourhood appeal.