Property Overview: 48 Lanyon Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home in Dakota Crossing offers a practical and well-proportioned living space. With 1,695 sqft of living area, it provides more room than most homes in Winnipeg and is competitively sized within its immediate neighborhood. A key feature is the renovated basement, which adds valuable finished space. The home includes an attached garage and sits on a standard residential lot.
Its primary appeal lies in its balanced, move-in-ready profile. It’s not an outlier in any single category but performs solidly across the board. The home was built in 1995, placing it in a sweet spot—it’s newer than many city-wide properties, potentially meaning fewer major age-related concerns, while still being established in a mature community. The renovated basement is a significant value-add for additional living or recreational space.
This property would suit buyers looking for a comfortable family home without extreme peaks or valleys in its metrics. It’s ideal for someone seeking a straightforward purchase in a stable area, where the value is derived from a combination of above-average interior space, recent updates, and a reliable construction era, rather than from luxury finishes or an oversized lot.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,695 sqft, the living area is above average for Winnipeg and competitive within the Dakota Crossing area, placing it in the top 25-31% of comparable homes locally.
2. What is the significance of the 1995 build year?
Built in 1995, the home is newer than approximately 80% of properties across Winnipeg. This often suggests modern building standards and layouts, while the neighborhood itself has had time to establish mature landscaping and community amenities.
3. Is the assessed value a good indicator of the listing price?
The assessed value is one data point for municipal tax purposes. While it places the home above the city-wide average, market conditions, the renovated basement, and specific home features will ultimately determine the listing and sale price.
4. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement generally means the lower level has been finished into livable space, such as a family room, office, or additional bedrooms, with proper flooring, walls, and ceilings.
5. How does the lot size affect the property?
The lot is approximately 4,821 sqft, which is typical for the street and area. It provides standard outdoor space for a backyard, garden, or deck, but is not an unusually large or small parcel for the community.