Property Overview
This is a compact, single-storey home built in 1989, offering just over 1,000 square feet of living space on a modest lot. Its key appeal lies in its move-in-ready condition with a renovated basement, presenting a low-maintenance and efficient living option. The home sits in a mature neighbourhood, and its recent sale price and assessed value are notably accessible compared to city-wide averages. It represents a practical entry point into the Winnipeg market.
This property would best suit first-time buyers or downsizers seeking an affordable, no-fuss home without major renovation projects. Its size and layout are ideal for individuals, couples, or small families who prioritize financial efficiency and a simplified lifestyle over expansive space. A thoughtful perspective for buyers is that while the lot is smaller than most, it reduces upkeep time and cost. Additionally, being a newer build on its street means potentially fewer major system replacements in the near term compared to older area homes.
Frequently Asked Questions
1. How does this home’s value compare to the area?
Its assessed value is below the average for the Dakota Crossing neighbourhood, and its last sale price was competitively positioned. This suggests it's a more affordable option within the area.
2. Is the lot size a significant drawback?
The land area is smaller than most in the city and immediate area. This means less yard maintenance, but also limited space for expansions, large gardens, or extensive outdoor recreation.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the details. A buyer should inquire about the scope of the renovation, whether it includes a legal secondary suite, and if permits were obtained.
4. With no garage, what are the parking options?
The property has no garage. Buyers should verify the driveway capacity and on-street parking regulations with the city to ensure it meets their needs.
5. The home is newer than others on the street. Is that an advantage?
Generally, yes. Being built in 1989, it is newer than many homes on the street and city-wide. This can imply more modern construction standards and materials, and potentially deferred timelines for major updates like roofing or windows.