Property Overview: 127 Queensbury Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in Dakota Crossing presents a solid, move-in-ready opportunity. Its key feature is a renovated basement, adding valuable finished living space to the 1,376 sqft footprint. The attached garage and a standard-sized lot round out the practical offerings.
The appeal lies in its established neighborhood setting and its position as a competitively valued property. The home’s assessed value of $480k places it above the Winnipeg city-wide average, suggesting good relative value for its offering. Interestingly, while the home was built in 1987, it is among the newer homes on its specific street, potentially meaning fewer major age-related replacements compared to immediate neighbors.
This property would suit first-time buyers or downsizers seeking the convenience of single-level living without a major project. It’s also a practical fit for those who prioritize a modernized lower level for family space or a home office, and for value-conscious buyers looking for a home that stands favorably in broader city comparisons.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s $480k assessment is around the average for both Queensbury Bay and the wider Dakota Crossing area, but ranks above average (Top 23%) compared to the entire city of Winnipeg, indicating it holds its value well on a macro level.
2. Is the lot size typical?
Yes. The 4,959 sqft lot is very close to the average for the street, neighborhood, and city, offering standard outdoor space without being overly large or small for the area.
3. What does the "renovated basement" likely include?
While specific finishes aren’t listed, a renovated basement in a home of this age and value typically means it is finished as a livable space—likely including drywall, flooring, ceiling, and proper heating—adding functional square footage beyond the main floor.
4. Are homes on this street similar in age?
Mostly. Built in 1987, this home is actually newer than many on its street (ranking in the top 8%), but is slightly older than the average home in the broader Dakota Crossing neighborhood.
5. What can the 2020 sale price tell us?
The home sold for $437,000 in September 2020. The increase to its current $480k assessment reflects market appreciation over nearly four years, providing a transparent view of its recent value history.