Property Overview
This single-storey home at 2 Abbotsfield Drive in Winnipeg's Dakota Crossing neighbourhood presents a solid, move-in-ready opportunity. Built in 1995, its key characteristics include a renovated basement, an attached garage, and 1,382 square feet of living space on a 5,107 sqft lot. The home's assessed value is notably strong citywide, ranking within the top 21%, which suggests it is a well-maintained property in good standing relative to the broader market.
Its appeal lies in its balance and practicality. It's not an outlier in size or lot for its immediate area, but it consistently performs at or above average in key metrics when compared to its street, neighbourhood, and the city. This indicates a stable, established setting. The renovated basement adds modern living space, and the one-storey layout is a significant draw for those seeking accessibility or single-level living. It would suit first-time buyers looking for a dependable home in a mature neighbourhood, downsizers wanting a manageable property without sacrificing space, or pragmatic investors seeking a stable asset with a proven value history.
Frequently Asked Questions
How does this home's value compare to others in Winnipeg?
The assessed value ranks in the top 21% citywide, meaning it is valued higher than approximately 79% of comparable homes across Winnipeg. This is its strongest ranking, indicating it is a well-regarded property in the broader market context.
Is the lot size typical for the area?
Yes. The lot of 5,107 sqft is very close to the average for both Abbotsfield Drive and the wider Dakota Crossing neighbourhood, offering standard outdoor space for the community.
What does the "around average" ranking for living area mean?
With 1,382 sqft, the home's living space is very typical for its specific street and neighbourhood. It's a comfortable size that matches community norms, neither notably large nor small in its immediate context.
The home was built in 1995. Is that considered old for Winnipeg?
Not at all. Compared to the city-wide average home age, this property is newer than about 80% of homes in Winnipeg. In its own neighbourhood, it's right around the average build year, meaning it fits seamlessly into an established, mature area without being one of the older homes.
Why is the last sale price from 2019 significantly lower than the current assessed value?
The 2019 sale price of $39,800k reflects the market conditions and valuation at that time. The current assessed value of $49.20k is determined by the municipal assessor and reflects updated market trends, improvements (like the basement renovation), and the property's standing relative to recent sales. This increase highlights the property's appreciation and maintained condition over the past five years.