Property Overview: 11 Dzyndra Crescent, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1975, presents a practical opportunity in Winnipeg's Mission Gardens neighborhood. Its primary appeal lies in efficient space utilization; the living area is notably above average for its immediate street and competitive within the local area, suggesting a well-configured layout for its size. The assessed value is modest relative to the broader city and even the Mission Gardens area, indicating a potentially lower property tax burden and an accessible entry point into the market.
The lot, at just under 3,100 sqft, is compact. This translates to less yard maintenance—a significant plus for downsizers, busy professionals, or those seeking a lock-and-leave lifestyle. Recent sale history shows steady appreciation, with a sale in the $300k-$350k range in 2023, up from $200k-$250k in 2020.
This property would best suit first-time buyers looking for a manageable, established home, or investors seeking a straightforward rental property with a sensible cost basis. It’s less suited for those prioritizing expansive outdoor space or a brand-new, custom build.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While smaller than many city and area averages, the lot offers easier upkeep. For the right buyer, this is a feature, not a flaw, reducing weekend chores and associated costs.
2. How does the assessed value affect property taxes?
A lower assessed value compared to area averages generally leads to lower property taxes. However, the final tax bill also depends on the city's mill rate. It's advisable to confirm current taxes.
3. What does the sale history tell us?
The price increase between 2020 and 2023 suggests the area has seen market growth. It provides a benchmark, but a professional appraisal and current market analysis are essential to determine today's value.
4. Being built in 1975, what should I be concerned about?
Homes of this era may have original components nearing the end of their service life, such as the roof, windows, or major systems like furnace and plumbing. A thorough home inspection is crucial.
5. How does it rank for living area, and why does that matter?
Ranking in the top 19% on its street for living area means it offers more interior space than most direct neighbors. This can be a key advantage for resale, as it feels more spacious than other homes on the block.