Property Overview: 66 Goldthorpe Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 1987 bi-level home in Dakota Crossing presents a compact, efficient living space of 690 sqft, with a renovated basement. Its key characteristic is its modest scale, ranking it among the smallest homes in its immediate area and neighborhood. The appeal lies in its affordability and manageability, underscored by a low assessed value that is average when viewed citywide. The lot size is standard for the area, offering typical outdoor space.
This property would suit first-time buyers or investors seeking an entry point into the Winnipeg market with lower upfront costs and property taxes. It’s also a potential fit for downsizers or those who prioritize a simplified, low-maintenance lifestyle without the burden of a large home or yard. A thoughtful perspective is that its "below average" size for the neighborhood could represent a value opportunity for a buyer who values financial efficiency over space, in a location where larger homes set the typical benchmark.
Section 2: Frequently Asked Questions
1. Why is the living area significantly smaller than neighborhood averages?
This is a compact bi-level design, which is less common in this area. The home prioritizes a efficient footprint, making it an outlier in size compared to most neighboring properties.
2. How can the assessed value be so low locally but average for the entire city?
Assessment is based on market value. While the home's modest size places it at a lower value point within its own desirable neighborhood, that same value is more typical when compared to all home types and ages across Winnipeg's diverse market.
3. What does "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This would require clarification with the seller or listing agent regarding the finishes, permitted uses, and any updates to mechanical systems.
4. Is the lack of a garage a common feature here?
The data shows this property has no garage. While some nearby homes may have garages, the listing for the directly comparable neighbor at 212 Goldthorpe Crescent does not list one either, suggesting it may not be uncommon on this street.
5. The home sold in late 2022; what might explain the sale price versus the assessed value?
The 2022 sale price was influenced by the market conditions at that time. The current assessed value is an estimate for taxation purposes as of a specific valuation date, which often differs from a past or future sale price due to market fluctuations and specific sale circumstances.