Property Overview: 115 Abbotsfield Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing presents a practical and value-conscious opportunity. Its key characteristic is a recently renovated basement, adding modern living space to the 1,148 sqft footprint. Built in 1994, the home is newer than many across Winnipeg, yet it is one of the older homes on its own street, suggesting a settled, mature neighbourhood feel.
The appeal lies in its balance of space, updates, and lot size. The 5,313 sqft lot is generous for the area, offering ample outdoor space. While the living area is modest compared to immediate neighbours, the renovated basement effectively expands the usable space. The home last sold for $44,500 in late 2023, and its current assessed value is $43,500, indicating a stable and straightforward valuation.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout with recent improvements. It’s also a fit for value-focused buyers who prioritize a larger lot over having the largest house on the block, and for those who see potential in a home that is already partially updated.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,148 sqft, the above-ground living area is below average for both Abbotsfield Drive and the wider Dakota Crossing area. However, the renovated basement provides additional finished space, and the home’s size is much closer to the Winnipeg citywide average.
2. What does the assessed value indicate?
The $43,500 assessed value is below average for the immediate street and neighbourhood, but ranks above average citywide. This suggests the home is positioned as a more affordable option within its specific community, which can be an advantage for entry.
3. Is the 1994 build date a concern?
Not inherently. While it’s older than most on its street, it is significantly newer than the typical Winnipeg home. A 1994 build likely means modern construction standards, without the major maintenance issues often found in much older properties, yet it may still require updates to certain original components.
4. What is the neighbourhood context?
The data shows a street of consistent, similar homes. The rankings indicate this property is among the more modestly sized and valued on Abbotsfield Drive, offering a chance to live in the neighbourhood at a potentially lower price point.
5. Why did it sell recently in 2023?
The sale history shows a transfer in October 2023 for $44,500. This recent turnover could indicate an investor sale, estate transfer, or a previous owner making a short-term move. It’s a point to discuss with the listing agent to understand the context.