Property Overview: 47 Hedgestone Crescent, Winnipeg
Key Characteristics & Appeal
This well-maintained, one-storey home in Dakota Crossing offers solid, move-in-ready fundamentals. Built in 1992, it is newer than most Winnipeg homes, suggesting modern construction standards and likely fewer major age-related concerns. The 1,380 sqft living area is practical and family-sized, comfortably above average for its immediate street. A key highlight is the renovated basement, adding valuable finished space. The attached garage provides convenience year-round.
The appeal lies in its above-average position within a stable neighbourhood. Its assessed value ranks in the top 17% on its street and top 20% citywide, indicating a perception of quality and desirability that outpaces many direct comparisons. This isn't a sprawling estate, but a notably well-regarded property within its peer group. It suits buyers seeking a turnkey home in a mature neighbourhood without the upkeep of an older character house, ideal for small families, downsizers, or first-time buyers looking for a sound investment with modern livability.
Frequently Asked Questions
1. How does the assessed value relate to the likely listing price?
While the assessed value is a strong indicator of municipal valuation for tax purposes, the listing price is set by the market. Given this home's assessed value ranks well above average, it suggests a solid foundation for pricing, but recent sales of comparable homes in Dakota Crossing will be the primary determinant.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, the nature of the space (e.g., rec room, suite, bedrooms), and details like ceiling height and moisture control.
3. Is the lot size a limitation?
At 4,614 sqft, the lot is fairly typical for the area. It provides adequate private outdoor space for gardening or recreation without the extensive maintenance of a larger yard, which can be a positive for those seeking a balance.
4. How does the 2019 sale price inform the current value?
The property sold for $38.50k in 2019. This historical price is not reflective of current market value but is useful for understanding the owner's purchase timeline. The substantial increase in assessed value since then highlights the property's appreciated valuation.
5. What are the implications of the home being "newer" than city average?
A 1992 build generally means more contemporary wiring, plumbing, insulation, and layout than the Winnipeg average (1966). This can translate to better energy efficiency, lower immediate repair costs, and floor plans that suit modern living, though a full inspection is still essential.