Property Overview: 19 Lyonsgate Cove, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Dakota Crossing presents a compelling blend of space, modernity, and established value. Built in 2005, it offers nearly 2,000 sqft of living space, which ranks well above average for both the neighbourhood and the city. A key feature is its renovated basement, adding functional living area. The home sits on a generous 6,645 sqft lot, providing ample outdoor space in a community where lot sizes are typically smaller.
Its primary appeal lies in its strong positional value. The assessed value of $620k places it in the top tier of homes in Dakota Crossing (top 4%), indicating it is perceived as a premium property within the area. This suggests not just a well-maintained home, but one in a desirable pocket of the neighbourhood. The home suits buyers looking for a move-in ready, spacious family home in a mature, developed area without the upkeep concerns of an older property. It’s ideal for those who value above-average interior space and a sizable yard, and who recognize the long-term advantage of owning a property that stands out in its local market.
A less obvious perspective is the home’s consistent value progression. Historical sale data shows significant growth from 2016 to 2021, outperforming many peers. This trend, combined with its current elite assessment, positions it as a property with a demonstrated history of solid valuation, appealing to buyers with an eye for stable, long-term investment within a family-oriented community.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a strong position. While its living area is around the street average, its assessed value is in the top 12% on Lyonsgate Cove, suggesting it is one of the more valuable properties on the block.
2. What does the "Elite – Top 4%" assessment badge mean for Dakota Crossing?
It means this home’s assessed value is higher than approximately 96% of comparable properties in the entire Dakota Crossing area. This typically reflects a combination of the home's size, condition, renovations, and its specific location within the neighbourhood.
3. Is the lot size typical for the area?
The lot is above average for Dakota Crossing, ranking in the top 13%. While it’s around the middle of the pack for its own street, it offers more outdoor space than most properties in the wider neighbourhood.
4. The home was built in 2005. What are the implications?
A 2005 build offers a balance. It’s modern enough that major systems (like roofing, windows, HVAC) are likely not at immediate end-of-life, but established enough that any initial development issues would have been resolved and the landscaping is mature. It falls into a period of reliable, contemporary construction standards.
5. How stable has the property's value been?
Available data shows strong, stable growth. The sale price increased significantly between 2016 and 2021, and on both occasions, the sale ranked in the top tier compared to city-wide averages, indicating it has consistently traded as a premium property.