4 Fulton Street

Property Overview: 4 Fulton Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in Dakota Crossing presents a practical and value-conscious opportunity. Built in 1994, its key features include a renovated basement, an attached garage, and a notably generous lot for its immediate neighborhood—ranking in the top 19% on Fulton Street for land size. With 1,178 sqft of living space, the home is more compact than many on its street but aligns closely with the average Winnipeg home. Its assessed value sits above the citywide average, suggesting solid underlying value relative to the broader market.

The appeal here is grounded in efficiency and lot potential. It suits first-time buyers or downsizers seeking a manageable, single-level layout with a modernized basement for extra living space. The larger-than-typical lot for the area offers valuable outdoor room or future expansion possibilities, a less obvious advantage in a mature suburb. This is not the largest home on the block, but it represents a balanced proposition: a newer-than-average city home (top 20% citywide for year built) on a good piece of land, with recent updates, ready for someone looking to enter a stable community without a massive footprint.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
At 1,178 sqft, the living area is below the average for both Fulton Street and the Dakota Crossing area, but it is very close to the average for the entire city. This indicates a more efficient, manageable floor plan typical of many Winnipeg homes.

2. What does the assessed value tell me?
The assessed value of $46,600 is above the citywide average, which often reflects factors like the home's condition, lot size, and recent renovations. It's important to note that assessed value is for tax purposes; market value is determined by current buyer demand.

3. Is the lot size a significant feature?
Yes. The lot of 4,724 sqft is larger than most on Fulton Street (ranking 16th out of 83). This provides more private outdoor space than you might expect in the immediate vicinity and is a key asset of the property.

4. How does the year built affect the home?
Built in 1994, the home is newer than about 80% of properties across Winnipeg. This typically suggests modern building standards, potentially fewer major system updates in the near term, and a layout that suits contemporary living.

5. What is the recent sales history?
The property last sold in June 2022 for $49,100. This recent transaction provides a concrete, modern benchmark for the home's market value, showing activity and price level in the current market cycle.