Property Overview
This one-storey home at 40 Hedgestone Crescent in Winnipeg's Dakota Crossing neighbourhood presents a practical and well-maintained living option. Its key appeal lies in its balance of a recent, full-price sale and a modern-for-the-area build year (1992), suggesting a home that has been kept current. The living space is a manageable 1,256 sqft with a renovated basement, complemented by an attached garage and a standard-sized lot. The data indicates its assessed value is strong citywide but more modest within its immediate area, which could signal different things to different buyers. It would suit first-time homeowners or downsizers looking for a single-level layout in a stable neighbourhood without a major fixer-upper project. A thoughtful perspective is that while the home isn't the largest on its street, its newer construction date compared to city averages may mean fewer near-term major system updates, offering a form of hidden value.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for $51,200 in August 2024, which is approximately 13% above its $45,400 assessed value. This is a strong indicator of its current market value.
2. Is the lot size typical for the area?
At 4,573 sqft, the lot is slightly below the average for the Dakota Crossing area but is very close to the average for homes on Hedgestone Crescent itself.
3. What does the "newer" build year mean in context?
Built in 1992, this home is among the newer 6% on its street and newer than the average Winnipeg home. For the immediate Dakota Crossing area, however, its age is squarely average.
4. Who might this home not be suited for?
Buyers seeking a very large lot, a premium property on its street, or a home with significant square footage above the neighbourhood average may want to look elsewhere.
5. What is the neighbourhood ranking based on?
The rankings compare this home to similar properties on three levels: its own street (Hedgestone Crescent), the wider Dakota Crossing area, and citywide Winnipeg. This shows how its features stack up in different contexts.