Property Overview: 67 Dells Crescent, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 67 Dells Crescent is a practical, no-frills property built in 1976, offering a grounded entry point into Winnipeg’s Meadowood neighborhood. Its key appeal lies in its value proposition and lot size relative to its price point. With 944 sqft of living space, the house is notably compact—ranking in the bottom quarter for size on its own street—which suggests a efficient, manageable layout ideal for simplifying living. The assessed value is modest, placing it well below the street average, which indicates a lower property tax burden and potential for value appreciation through updates.
The nearly 5,300 sqft lot is a standout feature, providing ample outdoor space that is on par with area norms. This combination of a smaller home on a generous lot is particularly suited to first-time buyers, downsizers, or hands-on investors. It appeals to those who prioritize yard space over interior square footage and see potential in a property that offers the fundamentals without a premium price. The recent sale in the $300k-$350k range reinforces its position as an accessible option in a stable, established area.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
Built in 1976, the home is of average age for the area. While the systems and structure are likely sound, buyers should budget for modernizations common to houses of this era, such as potential updates to windows, roofing, or interior finishes.
2. How does the property tax compare?
The assessed value is significantly lower than the average on Dells Crescent, which typically results in proportionally lower municipal property taxes. This can improve monthly affordability.
3. What is the potential for expansion or renovation?
The generous lot size relative to the home's footprint is a key asset. It presents a clear opportunity for future additions, a large garage, or landscaping projects, subject to local zoning and permit approvals.
4. How does the living space feel for a family?
At 944 sqft, the living area is compact. It would best suit a small family, a couple, or a single individual. The efficient use of space is a priority, and viewing the home in person is essential to gauge its flow and functionality for your needs.
5. Why is the assessed value so much lower than neighboring homes?
The assessed value is a municipal valuation for tax purposes, influenced by factors like home size, condition, and recent sales. Its lower value here primarily reflects the home's smaller square footage compared to others on the street, not necessarily its market sale price, which was higher.