Property Overview
11 Hyatt Place is a compact, one-storey home in Winnipeg's Dakota Crossing neighbourhood. Its key appeal lies in being a modest, entry-level property with a renovated basement, offering functional living space at a likely accessible price point. The 890 sqft home sits on a smaller, 2,924 sqft lot and includes a detached garage. Built in 1984, it is notably one of the older homes on its own street, which can suggest a well-established streetscape. The home’s assessed value is significantly below the neighbourhood average, positioning it as a value option within Dakota Crossing.
This property would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance home. Its below-average size and value for the area make it a practical choice for those prioritizing location and essentials over space. A thoughtful perspective is that its older vintage on the street could mean fewer issues with construction standards from certain later periods, and the smaller lot reduces outdoor upkeep.
Frequently Asked Questions
1. How does the home's size compare to others?
At 890 sqft of living area, the home is compact. It is below the average size for both its immediate street and the wider Dakota Crossing neighbourhood, indicating it's one of the smaller available options.
2. Is the assessed value typical for the area?
No, the assessed value of $35,200 is well below the Dakota Crossing neighbourhood average of about $48,500. This suggests the property may be priced more accessibly than many surrounding homes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, permits, and whether it includes additional bedrooms or living space.
4. How does the lot size impact the property?
The lot is 2,924 sqft, which is smaller than most in the city and neighbourhood. This means less yard maintenance but also less private outdoor space.
5. The home sold in 2017 for $26,200. What does that indicate?
The previous sale price is a historical data point and likely reflects the market condition or the property's state at that time. The current assessed value has increased since then, and the renovated basement may be a key factor.