Property Overview
76 Harlesden Drive is a compact, 737 sqft bi-level home built in 1989, situated on a modest 3,982 sqft lot in Winnipeg's Dakota Crossing neighborhood. Its key appeal lies in its position as an accessible entry point into the housing market. With a recently renovated basement and a notably low assessed value, it stands out as one of the most affordable properties in its immediate area. This is a home for practical buyers—first-time purchasers, downsizers, or investors seeking a straightforward rental property. Its smaller size and below-average price for the street and neighborhood mean lower ongoing property taxes and utility costs, which is a significant, though less obvious, advantage. The trade-off is space; it's substantially smaller than most area homes, requiring efficient living or a willingness to invest in future expansions.
Frequently Asked Questions
1. Is this a good investment property?
Given its low assessed value and purchase price, the property could offer a favorable rental yield for an investor, with relatively low carrying costs compared to larger homes in the area.
2. How does the low assessed value affect property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a recurring financial benefit for the owner.
3. The home is smaller than most in the area. Is that a concern?
While it offers less living space, this also translates to lower maintenance, heating, and cooling costs. It suits those who prioritize affordability and efficiency over square footage.
4. What does "below average" in the rankings mean for resale?
The rankings show the home is priced and sized below most comparables on its street and in Dakota Crossing. This can make it easier to sell to budget-conscious buyers in the future, but may appreciate at a different rate than larger homes.
5. The basement is renovated. What does that include?
The listing confirms the basement is renovated but does not specify the finish. A buyer should inquire about the scope of the renovation, whether it includes a legal suite, and if permits were obtained.