196 Barlow Crescent

Property Overview: 196 Barlow Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Dakota Crossing presents a practical and comfortable living opportunity. Its key features include a renovated basement, an attached garage, and a generous 6,111 sqft lot that is notably larger than many in the neighborhood. Built in 1994, the house is newer than most in the wider city, suggesting potentially fewer major age-related concerns compared to older inventory.

The appeal lies in its balanced, grounded profile. It’s not an outlier in any single category but offers a combination of above-average lot size, modern construction, and updated living space (the basement) that creates a solid value proposition. The data shows it performs well citywide for assessed value and year built, indicating a fundamentally sound asset in the broader market context.

This property would suit first-time buyers or downsizers looking for single-level living without sacrificing yard space. It’s also a sensible fit for value-conscious buyers who prioritize move-in readiness (thanks to the renovated basement) and prefer a home that is competitive within its local market without being the most expensive or largest on the block.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,391 sqft of living area, it is slightly smaller than the immediate average on Barlow Crescent but aligns closely with the typical size for both the Dakota Crossing area and the city overall.

2. What does the assessed value indicate?
The assessed value is strong citywide (ranking in the top 22%), which is a positive indicator of its fundamental valuation relative to all Winnipeg properties. It is consistent with average assessments for both the street and the neighborhood.

3. Is the lot size a significant feature?
Yes. The lot is over 6,000 sqft, which ranks above average for both the Dakota Crossing area and the city. This provides more private outdoor space than many comparable properties, a valuable and less replaceable asset.

4. Are there any insights from the sale history?
It sold recently in October 2023. This provides a clear, modern benchmark for its market price, which can offer a more current reference point than the assessed value alone.

5. What is the significance of the 1994 build year?
In a city where many homes are older, a 1994 construction is a relative advantage. It places the home in the top 20% citywide for newer builds, potentially meaning newer major systems (like plumbing, electrical, or roofing) compared to the median Winnipeg home built in 1966.