Property Overview: 192 Queensbury Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Dakota Crossing is a practical and efficiently sized property. With 1,092 sqft of living space and an attached garage, it sits on a standard 4,705 sqft lot. A key feature is its renovated basement, adding valuable finished space. Built in 1987, it is notably newer than many Winnipeg homes citywide.
Its primary appeal lies in its manageability and value positioning. The home is priced below the average for both its immediate street and the broader Dakota Crossing neighborhood, according to assessed value metrics. This creates an entry point into a stable area. The renovated basement immediately adds functional living or recreational space without the need for initial projects.
This property would best suit first-time homebuyers, downsizers looking for a single-level layout, or value-focused investors. It’s for those who prioritize a move-in-ready condition (thanks to the basement renovation) and a newer build date over having above-average square footage or a large yard. It represents a pragmatic choice in a mature neighborhood.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,092 sqft, the living area is below the average for both Queensbury Bay and the Dakota Crossing area. However, it is very close to the citywide average for Winnipeg homes. The renovated basement effectively expands the usable space beyond the main floor square footage.
2. Is the assessed value a good indicator of the sale price?
The current assessed value is $43,30k. It’s important to note that the last recorded sale was in 2016 for $34.80k. The assessed value is for municipal taxation and provides a benchmark, but the market sale price will be determined by current conditions, recent upgrades, and buyer demand.
3. What does the "newer" build year mean for this home?
Built in 1987, this home is newer than 75% of all homes in Winnipeg. For a buyer, this can suggest updated building standards for its era and potentially defer major maintenance items like roofing or windows, compared to a much older home.
4. Who might this property not suit?
Buyers seeking a large, expansive lot or above-average interior space for the neighborhood may find this property compact. Its lot size is on the smaller side for Queensbury Bay. It’s also not suited for those requiring a pool or extensive outdoor amenities.
5. What is the context of the neighborhood rankings provided?
The rankings (e.g., "Top 72%") show how this property compares to a defined group. For example, being in the "Top 72%" for assessed value on its street means its value is higher than 72% of comparable homes on Queensbury Bay—or, put differently, it’s in the bottom 28% for value on that street, indicating a relatively lower price point.