Property Overview
This well-situated one-storey home at 180 Hallfield Bay in Dakota Crossing presents a compelling blend of modern convenience and established value. Built in 2016, it offers a move-in-ready layout with 1,711 sqft of living space and a renovated basement. The attached garage and a manageable 5,876 sqft lot round out the practical features.
The home’s primary appeal lies in its strong value positioning within a desirable neighbourhood. While its living space is comfortable and above the city average, its assessed value stands out significantly—ranking in the top 1% of Dakota Crossing and the top 4% citywide. This suggests a property that has appreciated well relative to its peers, offering a solid equity foundation. The 2022 sale price further supports this trend of strong value retention.
It would suit buyers seeking a modern, low-maintenance home without sacrificing yard space, particularly young families or professionals looking to establish themselves in a mature area. It’s also a prudent choice for value-conscious buyers who prioritize financial metrics and long-term investment stability alongside livability.
Frequently Asked Questions
How does the assessed value compare to the likely market price?
The assessed value of $69,600 is for municipal tax purposes. The 2022 sale was $72,500, and current market value would be influenced by recent market conditions. The key takeaway is the home's consistently high ranking against comparable properties, indicating strong appraisal value.
Is the renovated basement included in the square footage?
Typically, the 1,711 sqft living area refers to above-grade, finished space. The renovated basement likely adds additional usable living area, which is a valuable feature not fully reflected in the main living area metric.
What does the "Elite" ranking for assessed value actually mean?
It means this home's assessed value is higher than 99% of similar properties in Dakota Crossing and 96% across Winnipeg. This often correlates with desirable lot location, quality of finishes, updates, or a combination of factors that municipal assessors recognize.
The lot size is noted as "around average." Is that a drawback?
Not necessarily. At nearly 6,000 sqft, it provides ample outdoor space while remaining manageable. In a mature neighbourhood like Dakota Crossing, it represents a balanced offering—more yard than a new infill but without the extensive maintenance of a much larger lot.
Given its strong value rankings, are property taxes here higher?
Potentially, yes. A higher assessed value relative to other homes generally leads to a higher property tax bill. However, you are also purchasing a property that carries a premium valuation within its area, which can be beneficial for equity and resale.