Property Overview: 72 Everingham Bay, Dakota Crossing, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home, built in 1989, presents a practical and comfortable living space of 1,437 sqft with an updated basement and an attached garage. Its core appeal lies in its solid, move-in-ready foundation within a mature neighbourhood. The home sits on a modest 5,384 sqft lot, which is smaller than most on its street but aligns with the average for Dakota Crossing, resulting in lower maintenance.
The property’s standout feature is its value positioning. While its living space is below average for its immediate street, its assessed value is strong citywide, suggesting it may offer more house for your dollar compared to the broader Winnipeg market. This creates a unique niche: it’s a home for those who prioritize interior space and updates over a large yard, suited for first-time buyers, downsizers, or investors seeking a stable, renovated property in an established area. It’s a pragmatic choice for someone looking for community and convenience without the premium often attached to larger lots on the same block.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the lot is smaller than most on Everingham Bay, it means less yard work and lower exterior maintenance costs. It focuses the property’s value on the renovated living space itself.
2. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is a benchmark for municipal taxes. Notably, this home’s citywide assessment ranking is high (Top 19%), but the last known sale was in 2019 for $41.5k. A professional appraisal and market comparison are essential to determine current market value.
3. What does the "below average" living area for the street mean?
Among the 29 comparable homes on Everingham Bay, this home’s living area is in the bottom 10% by size. This often translates to a more affordable entry point into the street and neighbourhood.
4. Who might this property not suit?
Buyers seeking a large yard for gardening or recreation, or those who prioritize having one of the largest homes on the block, may find other properties on the street more suitable.
5. The home is 37 years old. What should I consider?
While the basement has been renovated, a standard practice for homes of this age is to have major systems—like the roof, windows, and furnace—inspected to understand their remaining lifespan and any upcoming capital costs.