Property Overview: 207 Hallfield Bay, Dakota Crossing, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1992, featuring a renovated basement and an attached garage. With 1,303 sqft of living space on a 5,102 sqft lot, its size is modest for its immediate street but aligns closely with the average Winnipeg home. A key point of appeal is its financial footprint: the property’s assessed value is notably efficient for the city overall, suggesting a lower-than-average tax burden relative to many Winnipeg homes. The recent sale in July 2024 indicates a refreshed market value.
Its primary appeal lies in offering solid, updated fundamentals (like the renovated basement) in a stable neighbourhood, without paying a premium for excess space or land. It suits practical buyers—first-time homeowners, downsizers, or investors—who prioritize a move-in ready condition, manageable upkeep, and prudent municipal taxes over having the largest property on the block. A thoughtful perspective: while it ranks lower for space on its own street, this can represent an opportunity to enter a desirable area at a relatively accessible point, with the renovated basement immediately adding functional living space.
Section 2: Frequently Asked Questions
1. Is the house particularly small for the area?
Yes, compared to other homes on Hallfield Bay, the living area and lot size are below the street average. However, it is much more in line with the typical size for both the wider Dakota Crossing neighbourhood and the city of Winnipeg as a whole.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and functionality of the additional space.
3. How do the property taxes likely compare?
The assessed value is above average citywide but below average for its specific street. This suggests the property tax bill may be relatively efficient for Winnipeg, but potentially higher than some neighbours on Hallfield Bay. Always verify with an official tax statement.
4. What is the significance of the July 2024 sale?
The recent sale establishes a clear, current market price point ($56.80k). For buyers, this provides a transparent benchmark for recent value, though market conditions can shift.
5. Who are the most likely neighbours or comparable buyers?
Given the home’s size and efficient value, it would naturally attract first-time buyers seeking an entry point into the neighbourhood, downsizers looking for single-level living with a modern basement, or value-oriented investors interested in a property with recent updates and a clear assessment history.