11 Hobart Place

Property Overview

This one-storey home at 11 Hobart Place in Dakota Crossing is a practical, no-frills property built in 1992. With 1,121 sqft of living space and a full, unrenovated basement, it sits on a 4,705 sqft lot. The home has no garage or pool. Its key appeal lies in its relative modernity for the city and its position as an affordable entry point into a stable neighbourhood. The assessed value is notably low for the area, which can indicate lower property taxes but also suggests the home may require updating.

It would suit a first-time buyer or an investor comfortable with a property that needs cosmetic or functional improvements. The single-level layout could also appeal to those looking for aging-in-place potential without stairs. A thoughtful perspective is that while the home ranks below average for size and value on its own street, it is actually around average city-wide, offering a balanced compromise between space, price, and location.

Frequently Asked Questions

What does the below-average assessed value mean for me?
A lower assessment typically translates to lower municipal property taxes, which is a positive for ongoing costs. However, it often reflects the home’s current condition and lack of updates, so a buyer should budget for potential renovations.

Is the basement finished?
No, the basement is not renovated. It is a full, unfinished space, offering significant storage or future expansion potential, but it would require investment to become livable.

How does this home compare to others in Dakota Crossing?
The data shows it is smaller and has a lower assessed value than most homes in the immediate Dakota Crossing area. Its lot is closer to the neighbourhood average, and the 1992 build date is newer than the Winnipeg city-wide average.

What are the implications of having no garage?
This means all parking will be on the driveway or street. Buyers should consider their vehicle storage needs, winter weather implications, and whether there is space or potential to add a garage or carport in the future.

The home sold in 2021 for $36,500. Is that relevant today?
That sale price provides historical context, but market conditions have likely changed. It primarily indicates the home has been an affordable option for some time. Current value should be determined by a professional appraisal and recent comparable sales.