Property Overview: 15 Turnham Drive, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, renovated bi-level home built in 1986, situated on a quiet street in the Dakota Crossing neighbourhood. With 870 sqft of living space and a detached garage, the home presents a practical, low-maintenance footprint. Its key appeal lies in its recent renovation and strong value proposition within its immediate area. While the living space is modest compared to broader city averages, the property's assessed value ranks notably high for Turnham Drive itself, suggesting it is a standout, updated home on its block. The renovated basement adds functional living space.
This property would suit first-time buyers or downsizers seeking an affordable, move-in-ready home without the upkeep of a larger property. It also appeals to value-conscious investors or buyers who prioritize a modernized interior over square footage, and who appreciate a home that stands out positively in its direct neighbourhood context.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 870 sqft, the living area is smaller than the average home in both Dakota Crossing and Winnipeg overall. However, on its own street of Turnham Drive, it ranks in the top 63%, meaning it is closer to the average size for its most immediate neighbours.
2. What does the assessed value tell us about this property?
The assessed value of $40,100 is above average for Turnham Drive (top 29%), indicating that for its street, it is considered a higher-value home. This is likely due to the renovations. Citywide, its assessment is around the median.
3. Is the lot size a constraint?
The lot is 4,473 sqft, which is below average for the street and neighbourhood. This means smaller outdoor maintenance but may limit expansion possibilities. For buyers seeking a compact yard, it's a manageable size.
4. The home sold in late 2021; is that recent data relevant?
The 2021 sale price provides a historical benchmark, but market conditions have likely changed. The more current assessed value offers a better, though not market-based, indicator of its official valuation.
5. Who might this property not suit?
Buyers needing multiple bedrooms or significant indoor space may find it cramped. Those wanting a large yard for gardening or recreation might also find the lot size limiting. It's best for those comfortable with a compact, efficient layout.