Property Overview
This two-storey home at 8 Highcastle Crescent in Winnipeg's Dakota Crossing neighbourhood presents a practical opportunity. Built in 1991, it features 1,893 sqft of living space, an attached garage, and a full, unrenovated basement. The property sits on a 5,385 sqft lot. Recent data shows it sold for $55,500 in March 2025, with an assessed value of $48,800.
Key Characteristics & Appeal
The primary appeal of this home lies in its space and location value. Its living area is notably above average for both the Dakota Crossing area and Winnipeg overall, offering more interior room than many comparable properties. This makes it a sensible choice for buyers needing functional space without a premium price tag, as the assessed and recent sale values are positioned below the neighbourhood's higher-end listings.
It would suit a first-time buyer, a small family, or an investor looking for a solid, no-frills property in an established area. The unrenovated basement is a key point: it represents immediate cost savings for a buyer comfortable with its current state, but also presents future potential (and expense) for anyone looking to add finished space. While the lot size is slightly smaller than others on its street, it is typical for the wider area, balancing yard maintenance with usable outdoor space. A thoughtful perspective is that this home doesn't lead on its street in any single metric, but consistently performs "above average" when compared to the wider city, suggesting it offers a balanced, city-smart value proposition rather than standout luxury.
Frequently Asked Questions
1. Is the price reflective of the property's condition?
The sale price and assessed value are below the average for Highcastle Crescent itself, which often indicates a property that is functional but may require updates or is being valued for its land and structure rather than high-end finishes.
2. What does "basement not renovated" imply?
It means the lower level is in a basic, unfinished state. It provides essential utility space and storage, but any finished living area, bathroom, or bedroom would require a future investment.
3. How does this home compare to others in Dakota Crossing?
Its living space is larger than many area homes, placing it in the top 18% locally. However, its value metrics are around the neighbourhood median, meaning you get more interior square footage per dollar here than in many comparable listings.
4. Is the 1991 build date a concern?
Not inherently. Homes from this era incorporate modern building standards but will likely have aging components (like the roof, windows, or major appliances) that should be factored into inspection and maintenance planning.
5. Are the property taxes likely to be high?
Based on its assessed value of $48,800, the municipal property taxes would be calculated from that figure, resulting in a tax bill that is relatively moderate for a home of this size in Winnipeg.