Property Summary: 31 Lyonsgate Cove
Key Characteristics & Appeal
This two-storey home at 31 Lyonsgate Cove in Dakota Crossing is defined by its generous space and premium lot. Built in 2005, the 2,340 sqft house sits on an exceptionally large 14,402 sqft lot, placing it in the top 1-2% of the neighborhood for land size. The home itself is notably spacious, ranking in the top 12% on its street and the top 2% within Dakota Crossing for living area. It features an attached garage and a renovated basement.
The primary appeal lies in its rare combination of a modern, sizable home on a private, expansive parcel within a well-established community. It’s not just a large house, but a property with significant outdoor space—a rarity for newer subdivisions. The recent sale in August 2024 suggests a move-in-ready condition.
This property would best suit buyers looking for room to grow, entertain, or simply enjoy privacy without sacrificing the amenities of a modern home. It’s ideal for families seeking space for play sets, gardens, or future additions, or for anyone who values a generous yard as much as interior square footage. The data indicates it offers a "best of both worlds" scenario: a home that feels above average on its own cul-de-sac, yet is truly elite within the wider context of the city.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large. At over 14,400 sqft, it is nearly double the average for Dakota Crossing and ranks in the top 1% of the neighborhood. This is the property's most standout feature.
2. Is the assessed value a reliable indicator of the sale price?
The home recently sold for $71.30k above its $60.90k assessed value. This is common in active markets and suggests buyer demand and perceived value exceeded the municipal assessment for this specific property.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. A professional inspection or inquiry with the selling agent is necessary to determine the finishes, legal compliance, and whether it includes additional bedrooms or living spaces.
4. How does the living space compare to newer homes?
With 2,340 sqft, this home is significantly larger than the Winnipeg city-wide average (~1,342 sqft). While built in 2005, its living area remains competitive, ranking in the top 4% city-wide, meaning it offers more space than the vast majority of homes in Winnipeg.
5. What is the significance of the home's rankings?
The rankings show the property is not just "big" in isolation. It is a top-tier property within its immediate area, a standout in Dakota Crossing, and remains a well-above-average home when compared to the entire city, particularly for lot and living space.