Property Overview
This single-storey home at 11 Abbotsfield Drive in Winnipeg's Dakota Crossing neighborhood presents a practical and value-oriented opportunity. Built in 1994, its key appeal lies in a recently renovated basement and an attached garage, adding modern convenience to a well-established property. The home's living space of 1,239 sq ft is modest for the immediate street but aligns with broader city averages. A standout feature is the land area of 5,579 sq ft, which is notably larger than many lots on the same street and in the neighborhood, offering valuable outdoor space and potential.
The property would suit first-time buyers seeking a manageable, single-level layout with recent updates, or investors attracted by its solid citywide value ranking and rental potential in a mature area. It also appeals to those who prioritize a larger yard over a larger house, seeing the land itself as a long-term asset. The home's assessed value sits comfortably in the middle range for the area, suggesting a stable, no-surprises entry point into the market without premium pricing.
Frequently Asked Questions
How does this home's size compare to others?
At 1,239 sq ft, the living area is slightly below average for Abbotsfield Drive but is very close to the overall Winnipeg average. This indicates a efficient, manageable floor plan for the neighborhood.
What is the significance of the lot size?
The lot is a key advantage. At over 5,500 sq ft, it is larger than most on the street and in Dakota Crossing. This provides more private outdoor space than typical, which is a less obvious but valuable perk for gardening, recreation, or future expansion.
Is the assessed value a good indicator of the sale price?
The current assessed value is around $48,400. It's important to note this is for municipal tax purposes. The last known sale was in 2019 for $38,500, so market conditions and the renovated basement will be significant factors in determining the current list price.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, the presence of legal egress, and whether it includes a bedroom, bathroom, or secondary living space, which greatly impacts utility and value.
How does the age of the home factor in?
Built in 1994, the home is newer than the Winnipeg city average. While major components like the roof, windows, and HVAC system may be approaching or within their typical lifespan, the property avoids some of the maintenance concerns associated with much older homes.