Property Overview: 47 Eastmount Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Dakota Crossing presents a practical and comfortable living space. Its key characteristics include 1,274 sqft of living area, a renovated basement, an attached garage, and a 4,684 sqft lot, all built in 1991. The home’s appeal lies in its solid, move-in-ready foundation within a stable neighborhood. The renovated basement adds valuable flexible space for a family room, home office, or guests.
The data reveals a thoughtful perspective: while the home’s size is average for its immediate street and area, its assessed value of $480k ranks in the top 23% citywide. This suggests the property holds its value well on a broader scale, potentially due to the Dakota Crossing location or the quality of updates. It’s a home that doesn’t stand out for extreme size or newness but represents a reliable, above-average city-wide investment in a manageable package.
This property would best suit first-time buyers or downsizers seeking the convenience of single-level living without a premium price tag. It’s also a strong match for value-conscious buyers who appreciate a home with recent renovations (like the basement) and prefer a neighborhood where the property metrics indicate stable, long-term value rather than speculative flash.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others?
The home’s $480k assessment is above the city-wide average for comparable properties. On its own street and in Dakota Crossing, it’s around the average mark, indicating it is competitively priced within its immediate community.
2. What is the significance of the renovated basement?
Beyond added living space, a finished basement in a 1990s home often indicates updated utilities and insulation, which can improve energy efficiency and overall comfort. It immediately provides usable space without a future project.
3. Is the lot size a constraint?
At just under 4,700 sqft, the lot is slightly smaller than the average for the street but is very typical for the area. It offers ample yard space for gardening or recreation while minimizing maintenance time—a balance many buyers appreciate.
4. The home was built in 1991. Are there any concerns?
Homes from this era typically benefit from modern wiring and building standards, while still being young enough that major components like the roof or furnace may have been updated already. It’s an age that often strikes a balance between established neighborhood maturity and modern livability.
5. What do the past sale prices indicate?
The steady increase in sale price over the last several transactions (2016, 2020, 2022) aligns with broader market trends and suggests the property has consistently appreciated, reflecting its sustained desirability and the area’s stability.