Property Overview
This two-storey home at 27 Kennington Bay in Winnipeg's Dakota Crossing neighbourhood presents a practical and well-situated offering. Built in 1987, it features 1,211 sqft of living space, a renovated basement, and an attached garage on a 4,799 sqft lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positional value within its immediate street and the tangible updates made to it. While its size is modest compared to the broader city average, it ranks in the top 14% for living area on Kennington Bay itself, indicating it is a larger home among its direct neighbours. This suggests a street of relatively consistent, compact homes where this one holds an advantage. The renovated basement adds functional, modernized space, a significant plus in a home of this vintage.
Its assessed value is notably below average for the Dakota Crossing area, which could signal an entry point into the neighbourhood or reflect its more compact size. The lot size is generous for the street but average for the wider community, offering decent outdoor space without excessive maintenance.
This home would suit first-time buyers or downsizers seeking a manageable property in an established neighbourhood. It’s particularly suited for someone who values being one of the larger homes on a quiet street over having a maximized square footage compared to the entire city. The recent basement renovation appeals to buyers looking for move-in readiness without a major immediate project.
Frequently Asked Questions
Q: How does this home’s value compare to the area?
A: Its assessed value is below the average for Dakota Crossing. This could be due to its more compact size compared to some area homes, but it may represent a relative value opportunity within the neighbourhood.
Q: What does the "renovated basement" typically include?
A: While specifics should be verified, a renovated basement in a home of this age usually means finished living space, likely with proper flooring, drywall, and lighting, adding usable square footage beyond the main floors.
Q: Is the living space sufficient for a growing family?
A: At 1,211 sqft, it is a compact two-storey. It would be comfortable for a small family or couple, but those needing multiple large bedrooms or extensive living areas may find it cozy. The renovated basement provides crucial extra space.
Q: How does the year built (1987) affect the home?
A: Built in the late 1980s, major components like the roof, windows, and furnace are likely within or approaching their typical replacement windows. A thorough inspection is advised to gauge the remaining life of these elements.
Q: What is the significance of it ranking so well on its own street?
A: Ranking in the top tiers for size and year built on Kennington Bay indicates this is a comparatively newer and larger home among its immediate neighbours. This often contributes to better street appeal and can be a stabilizing factor for value.