Property Overview: 120 Marinus Place, Dakota Crossing, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1990, offering a practical and low-maintenance living option. Its key appeal lies in its relative modernity for the area, a renovated basement, and a detached garage. The 980 sqft living space is notably smaller than most homes on its street and in the wider neighbourhood, positioning it as an efficient, easier-to-manage property.
The home would suit first-time buyers seeking an affordable entry into a stable neighbourhood, downsizers looking to reduce space and upkeep without moving into a condo, or pragmatic investors searching for a manageable rental property. A thoughtful perspective is that while the lot size is smaller than average, it requires less landscaping work, which can be a significant, often overlooked, savings in both time and money. Its assessed value is modest for the city, suggesting a potentially lower property tax burden, which adds to its financial practicality.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others?
At 980 sqft, the living area is below average for the immediate street, the Dakota Crossing neighbourhood, and the city overall. This indicates a more compact, efficient layout.
2. What does the assessed value tell me?
The assessed value of $38,800 is below average for the street and neighbourhood but is around the middle range compared to all Winnipeg homes. This often correlates with a relatively lower annual property tax bill.
3. Is the lot size a concern?
The land area of 3,831 sqft is smaller than most comparable properties. This means less private outdoor space but also translates to reduced yard maintenance.
4. How does the age of the home compare?
Built in 1990, it is newer than the city-wide average and is one of the newer homes on its specific street. This can suggest updated building standards and potentially fewer major age-related repairs in the near term compared to much older stock.
5. What is the recent sales history?
The home sold in November 2020 for $330,000 and previously in September 2016 for $292,000. This history shows appreciation and provides a benchmark for market activity.