Property Overview
This one-storey home at 74 Erindale Crescent in Winnipeg's Dakota Crossing neighbourhood presents a practical and straightforward living opportunity. Built in 2002, its key characteristic is its renovated basement, which adds valuable finished space to the 1,239 sqft main floor. The home sits on a 4,614 sqft lot and includes an attached garage.
The appeal lies in its modern-enough construction, recent renovation work, and its position as a relatively affordable entry point into a well-established area. The data reveals a nuanced picture: while the home is on the smaller side for its immediate street, it holds its own within the broader neighbourhood and compares favorably to the Winnipeg average for assessed value. This suggests a property that is well-maintained and offers good value relative to the wider city market.
This home would suit first-time buyers or downsizers seeking a manageable, single-level layout with modernized finishes. It’s also a fit for value-conscious buyers who prioritize a move-in ready condition with recent updates over maximum square footage.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,239 sqft of living area, it is slightly below average for homes on Erindale Crescent itself, but is very close to the average size for the entire Dakota Crossing neighbourhood.
2. What does the assessed value ranking indicate?
The home’s assessed value ranks in the top 24% citywide, meaning it is valued higher than most Winnipeg homes. This often reflects factors like its condition, updates, and the desirability of its specific location within the city.
3. Is the lot size a disadvantage?
The lot is smaller than most on its street but is typical for the Dakota Crossing area. It offers a manageable yard requiring less maintenance, which can be a positive for many buyers.
4. What is the significance of the “renovated basement”?
A renovated basement effectively increases the usable living space of the home, potentially adding rooms for entertainment, office space, or guests, which is a significant value-add for a one-storey design.
5. How recent are the comparable sales provided?
A very similar home next door at 73 Erindale Crescent sold in October 2023, providing a highly relevant and recent benchmark for the current market value in this specific location.