Property Overview
This two-storey home at 50 Hallfield Bay in Dakota Crossing is a spacious, modern property built in 2017. It offers 2,340 sqft of living space, an attached garage, and sits on a 7,226 sqft lot. The home has a full basement that is functional but not renovated. The data indicates its size and modern build are its standout features, ranking in the elite tier for living area and year built within the desirable Dakota Crossing neighbourhood. Its assessed value is positioned strongly compared to the wider city, though it is more average on its own street. This creates a property with a compelling blend of above-average space and contemporary construction in a well-regarded area.
Key Characteristics & Appeal
The primary appeal of this home lies in its generous proportions and its age. With living space ranking in the top 4% city-wide and a 2017 build date placing it in the top 5% city-wide, it offers a move-in-ready canvas that avoids the immediate maintenance or major renovation concerns of older stock. The lot size is also notably larger than many city and area comparables, providing ample outdoor space.
It particularly suits buyers who prioritize modern infrastructure and spacious floor plans over turn-key, high-end finishes, as the unrenovated basement presents an opportunity for customization. The property is an excellent fit for growing families seeking established neighbourhood amenities with a home that won’t feel outdated. A thoughtful perspective is its value proposition: while it commands an elite price for its size and newness in the broader market, its more average standing on Hallfield Bay itself suggests it might offer relative value within an already high-performing micro-neighbourhood.
Frequently Asked Questions
1. How does the assessed value relate to the likely sale price?
The assessed value of $62,100 is for municipal tax purposes. Current sale prices are influenced by market conditions and can differ significantly. The home last sold in 2017 for $43,700, so the assessed value reflects appreciation and improvements since then.
2. What does "basement yes, not renovated" typically mean?
It indicates the home has a full, developed basement with finished spaces, but it has not been updated. Expect functional rooms that may have older flooring, lighting, or fixtures, presenting a chance to personalize without the cost of initial development.
3. The home ranks "elite" in Dakota Crossing but "around average" on its own street. What does this signify?
This highlights the calibre of Hallfield Bay. The street consists of larger, newer, and higher-value homes, so while this property stands out dramatically compared to the entire neighbourhood and city, it is among peers of similar quality on its immediate block. This often indicates a stable, desirable cul-de-sac or enclave.
4. Is the property part of a homeowner's association (HOA) or have any fees?
The provided details do not mention any association or monthly fees. This should be confirmed with the listing agent or a review of the condo/strata documents, as some newer developments include maintenance fees.
5. Why is the city-wide average assessed value for comparables listed as $390k?
This appears to be a data discrepancy or formatting error in the source material, as the $390k figure is inconsistent with the other values shown. The accurate comparative assessed value for similar homes city-wide is likely closer to the $48k-$62k range seen in the neighbourhood and street data. Always verify figures with official documents.