Property Overview
12 Fulton Street is a well-maintained, one-storey home in the Dakota Crossing neighbourhood. Built in 1994, it features 1,188 sqft of living space, a renovated basement, and an attached garage on a 4,394 sqft lot. The home presents a practical, move-in-ready option with a modernized lower level.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of updates and established neighbourhood living. The renovated basement adds valuable, flexible space to the home’s footprint. While the living area is modest compared to immediate neighbours, its assessed value of $450k is notably strong citywide, suggesting good intrinsic value and potential for steady equity. It last sold for $440k in early 2023.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout without major renovation needs. It’s a pragmatic choice for someone who values a modernized interior and an attached garage over having a larger lot or the newest home on the block. A thoughtful perspective is that it offers above-average citywide value in a neighbourhood where it’s priced around average, potentially providing a stable entry point into a desirable area.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 1,188 sqft, the living area is below average for Fulton Street and the Dakota Crossing area, but it is very close to the citywide average for homes.
2. Is the assessed value high for this home?
The $450k assessment is above average compared to all Winnipeg homes, but it is below average for Fulton Street specifically. This indicates the home holds its value well on a broader scale.
3. What is the lot size like?
The lot is 4,394 sqft, which is below average for both the street and the neighbourhood, but it is around the average lot size when compared to the entire city.
4. How old is this property relative to others?
Built in 1994, it is slightly older than most on its street and in Dakota Crossing, but it is newer than the average home across Winnipeg.
5. What does the sale history indicate?
The home sold for $440,000 in January 2023, which is $10,000 below its current assessed value, reflecting a recent market transaction that can serve as a solid benchmark for pricing.