176 Hallfield Bay

Property Overview: 176 Hallfield Bay, Dakota Crossing

Key Characteristics & Appeal

This well-situated one-storey home in Dakota Crossing presents a compelling blend of modern comfort and strong investment metrics. Built in 2014, it is a relatively recent build compared to most Winnipeg homes. Its key features include a renovated basement, an attached garage, and a private pool. With 1,736 sqft of living space, it offers ample room and sits above the city-wide average for size.

The primary appeal lies in its exceptional assessed value positioning. The property ranks in the top 1% of its neighborhood and top 3% city-wide for this metric, indicating it is viewed as a high-value asset relative to its peers. This suggests not just a desirable home, but a sound financial holding. The recent sale in late 2024 also points to active market interest.

This home would suit buyers looking for a move-in ready, single-level layout with premium amenities like a pool and updated basement. It’s ideal for those who value both modern comforts and a property with standout assessed value—appealing to owner-occupants seeking a long-term home with strong equity potential, as well as to investors focused on assets with a robust valuation foundation.

Frequently Asked Questions

1. How does the assessed value compare to the recent sale price?
The home sold for $72.50k in November 2024, which is very close to its current assessed value of $73.20k. This alignment suggests the assessment is current and market-supported.

2. Is the living space considered large for the area?
At 1,736 sqft, it is above the city-wide average but slightly below the average for Dakota Crossing specifically. It offers spacious living without being among the very largest homes in the immediate neighborhood.

3. What does the "top 1%" assessed value ranking mean for me?
This elite ranking means the municipal property assessment places this home's value higher than 99% of other properties in Dakota Crossing. It often correlates with desirability, quality, and potential for stable or appreciating value, though property taxes will be based on this higher valuation.

4. The home was sold twice in recent years. Should I be concerned?
The property sold previously in 2017 and again in 2024. This isn't inherently a concern—it could reflect typical relocation, life changes, or investment turnover. A title search and a review of the listing history would provide clearer context for the sales.

5. How does the lot size impact the property?
The land area of 5,749 sqft is fairly standard, ranking around average both city-wide and on its street. It provides a good yard space, particularly for a one-storey home, but is not an unusually large or subdividable lot. The focus here is more on the home's improvements and valuation than on expansive land.