Property Overview
112 Marinus Place is a one-storey home in Winnipeg's Dakota Crossing neighbourhood. Built in 1990, it features 937 sqft of living space, an unrenovated basement, and a detached garage on a 3,855 sqft lot. The home last sold in June 2017 for $280,000.
Key Characteristics & Appeal
This property stands out for its relative modernity within its immediate area, being newer than most homes on its street and city-wide. Its appeal lies in its straightforward, single-level layout and its position as a more affordable entry point into the Dakota Crossing area. The numbers tell a clear story: while its living space and lot size are below average for the neighbourhood, its assessed value is modest and aligns with the city-wide average, suggesting a lower property tax burden relative to many Winnipeg homes.
It would best suit a first-time buyer or practical downsizer looking for a manageable, no-frills home in an established community. The unrenovated basement presents a clear, if not immediate, opportunity for future customization to add value and space. A thoughtful perspective is that this home offers the chance to live in a neighbourhood where comparable properties are often larger and more expensive, but without the premium price tag, accepting a smaller footprint for the location.
Frequently Asked Questions
Is this a small home?
Yes. With 937 sqft of living area, it is below average in size for both its immediate street and the broader Dakota Crossing neighbourhood.
What is the property tax likely to be?
The assessed value is $36,700. Property taxes would be calculated based on this value and the city's mill rate, likely resulting in a tax bill that is below the Winnipeg average.
How does the 2017 sale price relate to today’s value?
The $280,000 sale price from 2017 is a historical data point. Current market value would depend on present conditions, any changes made to the home, and recent comparable sales.
What does "below average" for lot size mean for a buyer?
The 3,855 sqft lot is smaller than typical for the area. This means less yard maintenance but also less private outdoor space compared to many neighbours.
Is the basement finished?
No, the basement is noted as being unrenovated. It provides raw space for storage or future development, but is not a finished living area.