Property Overview & Key Characteristics
This one-storey home at 27 Fulton Street in Winnipeg's Dakota Crossing neighborhood presents a practical and comfortable living option. Built in 1995, it offers 1,386 sqft of living space with an attached garage and a renovated basement, sitting on a standard city lot of just over 4,600 sqft. The appeal lies in its solid, no-fuss layout—ideal for single-level living—and its updated basement, which adds valuable flexible space. The home's assessed value positions it above the citywide average, suggesting a well-regarded property within the broader market, while its metrics within the immediate area are consistently average, indicating it fits seamlessly into a stable, established community.
It would suit first-time buyers or downsizers looking for a manageable home without major renovations, as the basement work is already complete. It also appeals to those who value neighborhood consistency over standing out; this is a home that matches its surroundings, offering predictability rather than surprise. A less obvious angle is its potential for buyers who prioritize a newer build relative to Winnipeg's overall housing stock, as it is significantly newer than the typical city home.
Frequently Asked Questions
1. How does this home compare to others on the street and in Dakota Crossing?
Across key metrics like living area, lot size, and assessed value, this property consistently ranks around the average for both Fulton Street and the wider Dakota Crossing area. It is a typical, well-integrated home for this specific community.
2. The assessed value seems low at $49.1k. Is that accurate?
Yes, that is the municipal assessed value for taxation purposes. It is not the market value. The last recorded sale was in August 2021 for $440,000, which is a more relevant indicator of its market worth.
3. What does the "above average citywide" assessment ranking mean?
While the home is average for its local area, its assessed value places it in the top 21% of all Winnipeg properties. This often reflects a combination of the home's condition, the neighborhood's desirability, and the fact that it's newer than over 80% of homes in the city.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income potential.
5. What is the significance of the home being newer than the city average?
With a 1995 build date, this home is nearly 30 years newer than the Winnipeg citywide average (1966). This can suggest updated building materials, floor plans, and infrastructure, potentially leading to lower immediate maintenance costs compared to much older homes.