Property Overview: 18 Southglen Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated bi-level home in Dakota Crossing, offering practical living in a mature neighbourhood. Its key characteristic is balance: while its 870 sqft living area is modest and below average for the area, it sits on a standard 4,338 sqft lot and carries an assessed value that is typical for its immediate street. The home benefits from a renovated basement and a detached garage. Built in 1987, it is newer than many Winnipeg homes, which can be appealing for maintenance considerations.
The appeal lies in its potential as an efficient, entry-level property or a downsizing opportunity. It suits first-time buyers seeking a manageable footprint and lower maintenance, or investors looking for a stable rental property in an established community. A less obvious perspective is that its "below average" size for the area could represent a value opportunity for buyers who prioritize location and lot over square footage, allowing for future expansion if desired. The data suggests you're paying primarily for the land and location within Southglen Boulevard, with the home itself being a functional starting point.
Section 2: Frequently Asked Questions
1. Is the home fairly priced compared to the neighbourhood?
Based on the provided data, its last sale price in 2021 ranked in the top 67% on its own street but the top 89% in the wider Dakota Crossing area, suggesting it may have been priced more competitively within its immediate locale. Its assessed value is around average for the street.
2. What does the "below average" living area mean practically?
With 870 sqft, the living space is notably smaller than the Dakota Crossing average (~1,483 sqft). This indicates a compact, efficient layout best suited for individuals, couples, or small families comfortable with cozy spaces or utilizing the renovated basement for extra room.
3. How does the year built (1987) affect the property?
Built in 1987, the home is newer than the city-wide average. This often means building materials and systems (like wiring and plumbing) are more modern than in many older Winnipeg homes, though major components may still be near or due for replacement.
4. What is the potential for expansion or renovation?
The lot size is around average for the street but below average for Dakota Crossing. While there is likely some room for an addition or exterior improvements, the possibilities may be more limited than on larger lots in the wider area.
5. Are comparable homes based on value or location?
The listing shows comparables primarily by assessed value (e.g., homes on Cathcart Street), which are in different neighbourhoods. For a true sense of local market value, direct comparisons with recent sales on Southglen Boulevard and in Dakota Crossing would be essential.