Property Overview: 172 Hallfield Bay, Winnipeg
Key Characteristics & Appeal
This two-storey home in Dakota Crossing is a standout property defined by its generous space and premium valuation. Built in 2014, it is a relatively modern home in a neighbourhood where many houses are older. Its primary appeal lies in its impressive 2,390 sqft of living area, which places it in the top 14% on its own street and the top 1% within Dakota Crossing. The home features a renovated basement, an attached garage, and a private pool.
The property’s assessed value of $788,000 is notably high, ranking in the top 3% on Hallfield Bay and the top 1% in the neighbourhood, signaling a premium, well-maintained home. While the lot size is fairly typical for the area, the combination of substantial interior space, modern amenities, and a pool creates a turnkey lifestyle. This home would best suit established buyers or families seeking move-in-ready luxury with ample room for entertaining and living, particularly those who value a newer construction home in a mature community. A thoughtful perspective is that this property offers the space of a true "family home" while requiring less immediate upkeep than many older, similarly sized houses in the city.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $788,000 is for municipal tax purposes. The last sale was in 2017 for $610,000. The current market price will be influenced by recent comparable sales, condition, and market trends, and may differ significantly from both these figures.
2. Is the pool a major factor in the high assessment?
While a pool adds value, the home’s assessment is primarily driven by its large square footage and premium standing compared to local and city-wide averages. It is considered an elite property in its neighbourhood even before factoring in the pool.
3. What does the "Top 1%" ranking for living area in Dakota Crossing mean?
It means this home has more living space than 99% of comparable properties in the Dakota Crossing neighbourhood. With 2,390 sqft, it significantly exceeds the neighbourhood average of about 1,483 sqft.
4. The home is newer than most in Winnipeg. Are there any trade-offs?
The 2014 build date is a significant advantage for systems and structure. A less obvious consideration is that the lot size, while adequate, is not exceptionally large for a home of this caliber. Buyers prioritizing vast outdoor space over interior square footage might note this.
5. Who might this home not suit?
First-time buyers or those on a strict budget, given its premium positioning. It may also not suit buyers seeking a very large yard or those who prefer a character-filled, older home, as this property offers modern convenience over historic charm.