Property Overview
179 Kennington Bay is a well-maintained, one-storey home in Winnipeg's Dakota Crossing neighbourhood. Built in 1985, its key appeal lies in its generous, above-average lot size of over 5,300 sqft for the immediate street, offering more outdoor space than most nearby properties. The home itself, at 968 sqft with a renovated basement, is compact and efficient. Its assessed value of $350k is average for Winnipeg but is notably the lowest on its street, presenting a more accessible entry point into a established area. This property would suit first-time buyers, downsizers, or practical investors looking for a manageable home with valuable land potential, without the upkeep of a larger house or a premium street price.
Key Details & FAQs
- Key Characteristics: 968 sqft one-storey home, built 1985, with a renovated basement. It sits on a 5,309 sqft lot.
- Appeal & Buyer Suitability: The appeal is grounded in its lot size and value position. While the living space is below average for the area, the lot is significantly larger than most on Kennington Bay. Buyers who prioritize yard space over interior square footage, or who see long-term value in the land itself, will find it compelling. It suits those wanting a foothold in a mature neighbourhood without the highest street price.
- A Less Obvious Perspective: The data suggests a property of contrasts: its interior size is modest, but its outdoor space is a standout asset. This could mean lower utility and maintenance costs for the home itself, while providing room for gardens, recreation, or future expansion, subject to approvals.
Frequently Asked Questions
1. Is the home smaller than others nearby?
Yes. At 968 sqft, the living area is below the average for both Dakota Crossing and for homes on Kennington Bay itself. This indicates a more compact, efficient layout.
2. Why is the assessed value the lowest on the street?
The $350k assessment is likely a reflection of the home's smaller size and older age compared to neighbours. It positions this property as a relative value option on this particular street.
3. What does "above average" lot size mean here?
The lot of 5,309 sqft is larger than most directly neighbouring properties on Kennington Bay. It offers more private outdoor space than is typical for this specific location.
4. What type of neighbourhood is Dakota Crossing?
Dakota Crossing is an established Winnipeg neighbourhood with homes primarily from the 1980s and 1990s, as reflected in the area averages. It offers a mature, residential setting.
5. How does it compare city-wide?
City-wide, the home is around average for assessed value and lot size, but is above average for its age, being older than the typical Winnipeg home. It's a classic, established property in the broader market context.