Property Overview: 27 Lyonsgate Cove, Dakota Crossing, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing presents a compelling blend of space, location, and modern convenience. Built in 2005, its key features include a renovated basement, an attached garage, a private pool, and a generous 11,273 sqft lot—a standout size that ranks within the top 2% of the neighbourhood.
The appeal lies in its balanced offering. While the living area (1,597 sqft) is modest for the immediate street, it is above the city-wide average and sits on an exceptionally large, private yard. This creates a unique value proposition: manageable indoor space paired with significant outdoor potential. The home’s consistently elite or above-average rankings for assessed value, land size, and year built signal a premium property within its context.
This property would ideally suit buyers seeking a established, low-maintenance bungalow lifestyle with room to grow outdoors. It’s a strong fit for downsizers who still want space for family gatherings or gardening, or for young families valuing a large, safe yard in a mature community. The renovated basement and pool add ready-made amenities for entertainment and leisure.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is in the top 2% for Dakota Crossing and the top 5% city-wide, indicating it is considered a premium property relative to most Winnipeg homes. Recent sale prices have also consistently ranked in the top tiers of the market.
2. Is the living space smaller than other homes on the street?
Yes. Data shows this home’s living area is below the average for Lyonsgate Cove itself, but it is above the average for both the wider neighbourhood and the entire city. This suggests a street of larger homes, where this property offers a more efficient footprint on a very large lot.
3. What does the lot size mean for a buyer?
At over 11,000 sqft, the lot is a defining feature. It ranks in the elite tier for the neighbourhood, offering substantial privacy, space for additions like a shed or deck, and room for the existing pool. It’s a rare find in a mature area.
4. The home was last sold in 2024. Is that a concern?
Not inherently. The quick resale could be due to many life circumstances unrelated to the property. It does, however, provide a very recent and transparent market price benchmark, which is valuable for buyers.
5. What is the neighbourhood like?
Dakota Crossing is an established community with homes primarily from the late 1990s and early 2000s. This home, built in 2005, is newer than most in Winnipeg and above-average for the area, suggesting a well-maintained streetscape with modern infrastructure.