196 Hallfield Bay

Property Overview & Key Characteristics

This two-storey home at 196 Hallfield Bay in Winnipeg's Dakota Crossing neighbourhood presents a compelling blend of space, modern age, and established value. Built in 2014, it offers a contemporary layout without the concerns of an older home, yet is past its initial settling period. Its primary appeal lies in its generous 2,080 sqft of living space, which ranks well above average for both the immediate street and the wider city, suggesting a home that feels spacious rather than simply adequate. The attached garage and full (though unrenovated) basement add practical utility.

The home’s assessed value places it in an elite tier within Dakota Crossing and city-wide, indicating a strong perceived market value relative to its peers. The lot size is balanced—not the largest on the street, but above average for the area, offering manageable outdoor space. A thoughtful perspective is that this property represents a "sweet spot": it’s newer than most Winnipeg homes, avoiding major immediate repairs, but is established enough to be in a mature, ranked context where its value and size advantages are clearly demonstrated by the data.

This home would suit buyers looking for move-in-ready, modern space without venturing into brand-new construction. It’s ideal for growing families who need the room, or professionals wanting a home that balances contemporary comforts with a proven investment profile in a sought-after neighbourhood.

Frequently Asked Questions

1. How does this home truly compare in its immediate area?
The data shows it ranks in the top third for both size and value on its own street (Hallfield Bay) and in the top 10% or better within the entire Dakota Crossing area. This means it consistently outperforms most comparable local homes on key metrics.

2. The basement is noted as "not renovated." What should I expect?
This typically means the basement is finished and usable as living space (as it's included in the home's description), but it retains its original builder-grade finishes from 2014. It offers great potential for customization but doesn't require the investment or work of an unfinished space.

3. The home sold in June 2022. What does that recent sale history indicate?
The sale two years ago provides a clear, modern benchmark for its market price, which was in the top 1-3% of area sales at the time. This recent transaction offers a solid data point for understanding its appreciated value trajectory in a dynamic market.

4. Is the assessed value a reliable indicator of the likely selling price?
While not a guarantee, its elite ranking (Top 3% in Dakota Crossing, Top 5% city-wide) is a strong signal that municipal assessment recognizes its premium attributes relative to thousands of other homes. It often correlates with strong market valuation.

5. What is the practical benefit of the home's "above average" rankings?
Beyond pride of ownership, these rankings—particularly for living area and assessed value—suggest a property that should hold its value well, offer comfortable living space, and may provide a degree of insulation from market fluctuations compared to average or below-average properties.