Property Overview: 36 Marinus Place, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, a detached garage, and a manageable 1,123 sqft layout on a generous 5,345 sqft lot. Built in 1991, it is one of the newer homes on its street, offering modern construction basics compared to many city-wide properties.
The appeal lies in its balance and established neighbourhood context. The home holds an assessed value that is above average for both its immediate street and the wider city, suggesting a solid perception of worth relative to its peers. It’s not the largest home in the area, but it occupies a sensible middle ground with a recently updated basement, which adds valuable finished space. The lot size provides ample outdoor room for gardening or recreation, a notable feature for a single-storey design.
This property would suit first-time buyers or downsizers seeking a manageable, low-maintenance footprint without sacrificing yard space. It’s also a fit for value-conscious buyers who appreciate a home that stands well against local comparables and has already seen key renovations, offering a move-in-ready canvas in a mature community.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,123 sqft, the living area is very close to the average for Marinus Place itself (~1,132 sqft). It is notably smaller than the broader Dakota Crossing average, indicating it’s a more compact option in the neighbourhood, which can mean lower utility costs and less upkeep.
2. What does the "above average" assessed value indicate?
With an assessed value ranking in the top 25% on its street and top 28% citywide, this suggests the property is formally valued higher than many direct peers. This can reflect the renovated basement, the desirable lot, or the relative newness of the home. It’s a positive indicator of baseline equity, though the final sale price is determined by the market.
3. Is the 1991 build date an advantage?
Yes, particularly on its street. Being one of the newest homes (top 3%) in its immediate grouping means major components like roofing, wiring, and plumbing are likely younger than those of many neighbours, potentially deferring near-term replacement costs.
4. Who might the nearby "similar value" properties appeal to?
The listed properties with similar assessed values in other neighbourhoods (like Vialoux or Elmhurst) are useful comparison points for buyers. They indicate that at this price point, one is shopping for a solid, mid-range home, and the choice may come down to preferring Dakota Crossing’s location and lot size over the specific home styles found elsewhere.
5. How should I interpret the 2021 sale price?
The home sold for $44,20k in October 2021. This historical data is a reference point for past market activity. Current value will be influenced by market conditions, any further updates made since that sale, and the home’s maintained condition.