Property Summary: 15 Pelham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Dakota Crossing is a solid, established property built in 1992. With 1,697 sqft of living space and an attached garage, it offers practical family-sized accommodation. A key feature is its renovated basement, adding valuable finished space. The home sits on a 5,274 sqft lot, which is typical for the local area.
Its primary appeal lies in its position as a well-sized, updated home in a mature neighbourhood. The data suggests it is not an outlier but a comfortable fit within its community, offering space above the Winnipeg citywide average without being overly large. The recent sale in July 2024 indicates a move-in-ready property.
This home would suit buyers looking for a turnkey property without the premium of a brand-new build. It’s ideal for a growing family seeking functional space, including the finished basement, or for those who appreciate the stability of an established area like Dakota Crossing. A thoughtful perspective is that this property represents a “middle ground”—it offers more space than many city homes while maintaining manageable upkeep compared to much larger estates. Its consistent, average rankings on the street and in the area suggest a predictable and stable investment in a known quantity.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,697 sqft, the living area is very close to the average for both Pelham Road and the wider Dakota Crossing area, placing it comfortably in the middle of local offerings.
2. Is the lot size a constraint?
The lot is slightly smaller than others on Pelham Road but is generally on par with the Dakota Crossing average. It provides standard suburban outdoor space without extensive maintenance demands.
3. What does the “renovated basement” imply?
While specific finishes aren’t detailed, this indicates the lower level is finished as living space, not raw storage. It effectively increases the home’s usable square footage beyond the main living area listed.
4. How does the assessed value relate to the recent sale price?
The home sold for $53.50k above its $50.60k assessed value. This is common, as assessed values for taxation purposes often differ from current market sale prices.
5. The home is 34 years old. What should I consider?
Built in 1992, major components like the roof, windows, and HVAC system may be nearing or have reached their typical lifespans. A thorough inspection is advised to assess their condition and plan for potential future updates.