Property Overview
This home at 3 Draho Crescent in Winnipeg's Dakota Crossing neighbourhood presents a specific value proposition. Built in 1999, it's a 1,062 sqft property on a 3,570 sqft lot with a $399k assessed value. The data suggests its primary appeal is as a competitively priced entry point into a stable, established area. Compared to its immediate street and neighbourhood, the living space and lot size are below average, but its assessed value is also significantly lower than those local averages. Citywide, however, its value is very close to the benchmark, indicating you're paying a standard Winnipeg price for a home in a desirable neighbourhood.
Key Characteristics & Ideal Buyer
The appeal here is about location and efficiency over size. You're buying into a mature, late-90s neighbourhood where most homes are larger and more valuable, but securing this one at a relative discount. It suits first-time buyers or downsizers who prioritize community and a established streetscape over a sprawling property. It's a pragmatic choice for someone who wants a manageable home with lower property taxes (tied to the lower assessment) in a well-regarded area, accepting that the interior and yard offer a more compact footprint than many neighbours. A thoughtful perspective is that this could be a low-stakes opportunity to add value through strategic updates, as the home's value already aligns with the broader city market.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data indicates it's priced below the Dakota Crossing and Draho Crescent averages for assessed value, suggesting a relative value within the immediate area. You are essentially paying a city-typical price for a smaller home in a sought-after neighbourhood.
2. Why is the assessed value lower than the street average?
The primary factors are the home's below-average living area and lot size for the street. The assessment reflects the property's physical characteristics relative to its larger, higher-valued neighbours.
3. What does the "Top 39%" citywide ranking for value mean?
This means the home's assessed value is higher than 39% of comparable Winnipeg properties. It sits slightly above the city's median benchmark, indicating its price is very typical for the Winnipeg market as a whole.
4. How can I find out the actual sale history?
The site does not publish verified transaction histories publicly. You must request this information directly via email, and they will manually look up and provide the most accurate available data.
5. The lot seems smaller than others. What are the implications?
The lot is below average for the area, which generally means lower maintenance and potentially lower utility costs. It may limit expansion possibilities but could be ideal for those seeking a manageable outdoor space.