Property Overview: 41 Sand Lily Drive, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing offers a practical and grounded living proposition. Its key appeal lies in a combination of above-average space and a mature, established setting. With 1,376 sqft of living space and a recently renovated basement, the home provides comfortable room for a small family or those seeking single-level living. A standout feature is the generous 7,153 sqft lot, which is notably larger than most in the immediate area and across Winnipeg, offering valuable outdoor space and potential.
The home suits buyers looking for a move-in ready property with a low-maintenance layout, without sacrificing yard size. It’s particularly fitting for first-time buyers or downsizers who prioritize a manageable single-storey floorplan but still desire a substantial private lot for gardening, pets, or quiet outdoor relaxation. From a value perspective, its assessed value ranks above average both on its street and city-wide, suggesting a solid investment in a stable neighbourhood. A thoughtful point for buyers is that while the home itself is older (built 1987), it sits on a prime, larger parcel in a community where newer builds typically come with smaller lots, offering a different kind of long-term value.
Frequently Asked Questions
1. How does the property compare in size to nearby homes?
The living area is comfortably around the average for the street and neighbourhood. The true differentiator is the land size; the lot is significantly larger than most comparable properties in Dakota Crossing and city-wide.
2. What is the significance of the "above average" assessed value ranking?
This indicates that the official municipal assessment of the property’s value is higher than a majority of similar homes in its comparison groups. It generally reflects confidence in the property’s market value relative to its peers, though property taxes will be based on this assessment.
3. Is the basement development a full secondary suite?
The listing notes a renovated basement, but does not specify it as a legal suite. Buyers should verify the renovations comply with codes and determine if the space is suited for a rental unit, extended family, or simply additional living area.
4. The home was last sold in 2020. What should I consider?
The 2020 sale price provides a recent market benchmark. Given the time elapsed, any renovations or market changes since then would be key factors in the current listing price. It also suggests a neighbourhood with reasonable turnover and stability.
5. What are the trade-offs of an older home in this area?
Built in 1987, the home is older than many in the broader Dakota Crossing area. This may mean upcoming maintenance or system updates, but it also comes with a more established streetscape and that larger, mature lot rarely found with newer constructions in the community.