Property Overview
40 Marinus Place is a well-maintained, one-storey home in Winnipeg's Dakota Crossing neighbourhood. Built in 1990, it features 1,205 sqft of living space, a renovated basement, and an attached garage on a 5,531 sqft lot. The home’s appeal lies in its solid, above-average positioning within its immediate area. It offers more living space and a higher assessed value than most homes on its street, suggesting a property that has been kept up well relative to its peers. It last sold in October 2021 for $460,000.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. It’s also a practical choice for value-conscious buyers who appreciate a home that stands out positively on its own street, as the data indicates, rather than just competing city-wide.
Frequently Asked Questions
How does this home really compare to others in the area?
The data shows it ranks well against its closest neighbours. On Marinus Place itself, its living space and assessed value are in the top 30%, meaning it’s larger and valued higher than most homes on the street. In the broader Dakota Crossing area, it’s more middle-of-the-pack.
What does the assessed value tell me?
The assessed value of $46,200 is a municipal valuation for tax purposes, not a market price. Its strength is that it’s above average for the street, which often correlates with better upkeep or features. The 2021 sale price of $460,000 is the more relevant figure for current market value.
Is the lot size a pro or con?
At just over 5,500 sqft, the lot is above average for the street but slightly below the city average. It offers a good balance for those who want a decent yard without excessive maintenance.
Who might this layout not suit?
The one-storey design is great for accessibility, but with 1,205 sqft, space may be tight for larger families or those needing multiple dedicated home offices. The renovated basement adds flexible space, but the main floor footprint is fixed.
The home was built in 1990. What should I consider?
A 1990 build means major components like the roof, windows, and HVAC system are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand what updates may be imminent, but it also avoids the potential issues of much older wiring or plumbing.