Property Overview
6 Peadin Place is a two-storey home in Winnipeg's Dakota Crossing neighbourhood, offering a blend of above-average space and a generous lot. Its appeal lies in its practical, renovated layout and its strong standing within the local context, presenting a solid value proposition for specific buyers.
Key Characteristics & Buyer Profile
This home’s primary strength is its spaciousness. With over 2,000 square feet of living area, it sits comfortably in the top 10-20% for size both in its immediate area and citywide. This is complemented by a large, 8,184 sqft lot that ranks in the top 7% within Dakota Crossing, offering significant outdoor space that is increasingly rare. The home features a renovated basement and an attached garage, and is of a typical 1988 vintage for the street.
The appeal is grounded in value and room to grow. While its assessed value is above average for the city, it is positioned around the median for its own street, suggesting it may offer more house and land for the dollar compared to wider neighbourhood benchmarks. It suits buyers looking for a established, roomy family home without the premium of a newer build, and who prioritize a large yard over a brand-new interior. A thoughtful perspective is that this property represents a "middle-weight" on its block—not the largest or newest, but a well-sized, stable offering in a consistent setting, which can be a mark of stable value and predictable neighbourhood character.
It would best suit a practical buyer, such as a growing family seeking functional indoor space and ample backyard for play or gardening, or a value-conscious purchaser who sees potential in the already-renovated basement and the possibilities of a large lot for future enjoyment or expansion.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living space is notably larger than average. It ranks in the top 20% on its own street and the top 12% within the wider Dakota Crossing area, meaning it offers more interior square footage than most comparable local homes.
2. Is the lot size a significant feature?
Yes. The land area is a standout, placing in the top 7% of all lots in Dakota Crossing. This is a substantial lot for the neighbourhood, providing considerable outdoor space.
3. What does the assessed value tell us about its price position?
The assessment suggests the home is valued above the Winnipeg average but is very typical for Peadin Place itself. This can indicate you are buying into a street of similar-caliber homes, rather than an outlier.
4. The home was built in 1988. What should I consider?
As a home from the late 1980s, major components like the roof, windows, and mechanical systems (furnace, water heater) may be at or nearing their typical lifespan. A thorough inspection is advised, though the renovated basement is a positive update.
5. How stable is property value on this street?
The similar assessed values and build years of nearby homes suggest a street with consistent property characteristics. This can contribute to stable valuations, as there are fewer extreme outliers to disrupt the market perception of the area.