Property Overview & Key Characteristics
This one-storey home at 11 Highcastle Crescent in Dakota Crossing is a practical and well-situated property. Built in 1991, it offers 1,560 sqft of living space with an attached garage and a renovated basement. The lot is a standard suburban size at just over 5,500 sqft. The data presents a nuanced picture: while the home's size and assessed value are slightly below average for its immediate street, they are solidly average or above when compared to the wider Dakota Crossing neighbourhood and the city of Winnipeg as a whole. This suggests you're getting a home that holds its own in the broader market, even if it's more modest on its specific block.
Its primary appeal lies in its move-in readiness, thanks to the renovated basement, and its efficient single-level layout which is ideal for ease of living. The location in Dakota Crossing offers a balance of residential comfort with convenient access to Winnipeg's amenities. This property would suit first-time buyers looking for a manageable home without a major project, downsizers seeking a single-storey layout, or pragmatic investors wanting a stable rental property in a consistent neighbourhood. A less obvious perspective is that buying a home that is "below average" for its prestigious street can often provide better value and less pressure than owning the smallest home on a more modest block.
Frequently Asked Questions
1. How does this home's value compare to the area?
The assessed value of $50.30k is around the neighbourhood average for Dakota Crossing and ranks above average city-wide, indicating a stable investment in a well-regarded area, even if it's not the largest home on Highcastle Crescent itself.
2. Is the basement development a full legal suite?
The listing specifies a "renovated basement." You should consult with the listing agent and local authorities to confirm the specific permits and compliance for this space, as it may be a developed recreational area rather than a separate legal suite.
3. What is the significance of the home being "below average" for its street?
This primarily refers to the living area and assessed value being slightly lower than the street's average. This isn't necessarily negative; it can mean a lower property tax base and a more affordable entry point into a desirable crescent, often with similar access to schools and amenities as larger neighbours.
4. What are the typical demographics or vibe of Dakota Crossing?
Dakota Crossing is a mature, family-oriented suburban neighbourhood developed mainly in the 1990s. It's known for its quiet, crescent-based streets, proximity to parks, schools, and shopping, appealing to a mix of young families and established residents.
5. Based on the data, has this property maintained its value?
The home last sold in November 2017 for $37.30k. The current assessed value of $50.30k suggests appreciation, but a professional appraisal and market analysis are needed for a precise current market value and to understand trends relative to the specific sales of comparable homes.