Property Overview: 7 Queensbury Bay, Winnipeg
Key Characteristics & Buyer Profile
This 1,356 sqft four-level split home, built in 1987, sits on a standard 5,054 sqft lot in the Dakota Crossing neighborhood. Its key appeal lies in its balance of space and value within a well-established area. The home features a renovated basement and an attached garage. The data suggests it is a solidly middle-of-the-road property for its immediate street and area in terms of living and land space, but it stands out for being newer than many city-wide comparables. Its assessed value is notably below average for both the street and Dakota Crossing, which could indicate potential value for a buyer or reflect other factors.
This home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize move-in readiness (thanks to the renovated basement) and a established community over a brand-new build. It’s for someone who sees a home newer than most in the city as a durable asset, and who interprets its below-average assessment not as a drawback, but as a reasonable entry point into a stable neighborhood.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is below the average for both Queensbury Bay and the wider Dakota Crossing area. This could represent a value opportunity, but it’s wise to understand what factors (like specific finishes or lot features) contribute to that assessment compared to nearby homes.
2. What does the "four-level split" layout mean for daily living?
This style typically creates distinct living zones across multiple short flights of stairs. It offers good separation between living and sleeping areas, but may be less suitable for those seeking single-level living or who have significant mobility concerns.
3. How does the age of the home (1987) affect it?
Built in 1987, the home is newer than 75% of Winnipeg’s housing stock, which is a plus. However, it is now approaching the age where major components like the roof, windows, or HVAC system may need inspection or planned replacement.
4. The lot size is around average. What does that mean for outdoor space?
With just over 5,000 sqft, the yard is typical for the area. It provides reasonable private outdoor space for gardening or recreation, but isn’t an exceptionally large plot. The attached garage is a key asset for vehicle storage and Winnipeg winters.
5. How does the renovated basement add value?
A finished basement increases the usable living area, which is a significant functional advantage. The fact that it’s already renovated saves the buyer a major project and expense, adding immediate utility for a family room, home office, or guest space.