Property Overview & Key Characteristics
This one-storey home at 39 Lambeth Road in Dakota Crossing is a compact, efficiently sized property built in 1991. Its key appeal lies in its relative modernity for the area, a recently renovated basement, and a manageable scale that prioritizes low maintenance. With 932 square feet of living space on a 4,118 sqft lot, it is notably smaller than both neighbourhood and city averages, which shapes its profile.
The home suits first-time buyers seeking an affordable entry into the Winnipeg market, downsizers looking to simplify without moving into a condo, or investors searching for a practical rental property. Its below-average size and lack of a garage mean it may not fit growing families needing more space. A thoughtful perspective is that while the house itself is modest, its above-average year of build for the street suggests potentially fewer immediate major repairs compared to older neighbours, and the renovated basement adds functional living space not reflected in the main floor square footage.
Frequently Asked Questions
1. Is this a small house?
Yes. At 932 sqft, the living area is below average for the Dakota Crossing neighbourhood and the city overall. This makes it a compact, efficient layout.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent.
3. Why is the assessed value so much lower than the last sale price?
The assessed value is $37,500, but it last sold in May 2022 for $410,000. Municipal property assessments in Manitoba are primarily for tax purposes and often do not reflect current market value. The sale price is a far more accurate indicator of its worth.
4. What are the downsides of not having a garage?
The property has no garage, which means all vehicle parking will be on the driveway or street. This also affects storage options and can be a consideration during Winnipeg winters.
5. How does the lot size compare?
The land area of 4,118 sqft is slightly below average for the street and more noticeably below the neighbourhood average. This means a smaller yard, which aligns with the home's low-maintenance appeal.