Property Overview: 40 Queensbury Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Dakota Crossing presents a practical and affordable entry point into a mature Winnipeg neighbourhood. Built in 1987, it is notably newer than many city-wide comparables. The home features a renovated basement and a detached garage on a modest, low-maintenance lot of just over 4,100 sqft.
Its primary appeal lies in its value positioning. With a living area of 1,040 sqft and an assessed value of $410k, it sits below the average for both its immediate street and the Dakota Crossing area, yet aligns closely with the city-wide average for assessed value. This creates a unique scenario: you’re acquiring a home that is newer than most in the city, in an established area, without a premium price tag for the neighbourhood. The compact lot size is a trade-off, reducing yard upkeep but also limiting expansive outdoor projects.
This property would best suit first-time buyers, downsizers, or value-focused investors seeking a turnkey, single-level living space without the higher costs typical of the immediate area. It’s for those who prioritize a modern(ish) build date and interior updates over square footage and large outdoor space.
Section 2: Frequently Asked Questions
1. Is this a small home for the area?
Yes. The living area is below average for both Queensbury Bay and the wider Dakota Crossing area, placing it in the smaller third of homes locally. However, it is very close to the average size for the entire city.
2. How does the assessed value compare?
At $410k, the assessment is below average for this specific street and neighbourhood, suggesting it may offer relative value within Dakota Crossing. City-wide, this assessment is typical, not an outlier.
3. What does the lot size mean for me?
At 4,135 sqft, the lot is smaller than most in the area and the city. This means less yard maintenance, but also less private outdoor space and limited potential for large additions.
4. The home was last sold in 2016. What does that indicate?
The eight-year ownership period suggests stability and likely thoughtful upkeep, rather than a quick flip. It may indicate a well-cared-for property from a long-term resident.
5. How does the 1987 build year affect the home?
For a Winnipeg home, 1987 is considered relatively new, meaning major components like wiring and plumbing are more modern than in mid-century homes. However, it is now approaching the age where original roofing, windows, and major appliances may need attention or have been recently updated.