Property Overview: 786 Aldgate Road, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing offers a practical and modern living space. Built in 2005, it is a notably newer construction compared to most homes in its immediate area and across Winnipeg, which means fewer concerns about aging major components. The 1,222 sqft living area is comfortably sized and aligns with the average for the neighbourhood, while the attached garage and renovated basement add functional space.
The appeal here is one of balance and sensible value. The property sits on a modest 4,296 sqft lot, which translates to less yard maintenance—a plus for those seeking a low-maintenance lifestyle without sacrificing indoor space. Its assessed value positions it strongly citywide, suggesting a solid valuation foundation. This home would suit first-time buyers, downsizers, or practical investors looking for a move-in-ready, modern property in an established neighbourhood. It’s a home that prioritizes efficient, contemporary living over expansive outdoor space.
Frequently Asked Questions
1. How does the lot size impact the property?
While the lot is smaller than many in Dakota Crossing, this significantly reduces weekly yard upkeep and may lower seasonal maintenance costs. It’s a trade-off that favors simplicity and indoor living.
2. What does the "above average" year built ranking mean for me?
A 2005 build date places this home in the top 15% newest in Winnipeg. In practical terms, this likely means more modern building standards, newer major systems (like HVAC or wiring), and potentially lower immediate repair costs compared to older stock.
3. The last sale was in 2016. Should I be concerned?
Not necessarily. A nine-year ownership period suggests a stable home and neighbourhood. It indicates the sellers likely maintained the property as a long-term residence, not a quick flip.
4. How does the assessed value compare to the 2016 sale price?
The current assessed value is $45,400, which is not directly comparable to the 2016 sale price of $360,000. Assessed value in Manitoba is for tax purposes and is typically a fraction of a home's market value. The key takeaway is its strong ranking, suggesting the city assesses it favorably against peers.
5. Is the renovated basement a finished living space?
The listing confirms a renovated basement, which adds valuable flexible space. It’s advisable to confirm the specifics of the renovation, permits, and its intended use (e.g., recreation room, additional bedroom) during a viewing.