Property Overview: 2 Hallfield Bay, Dakota Crossing, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Dakota Crossing offers a practical blend of space and value. Its key characteristic is a generous 8,549 sqft lot, which is notably larger than most in the neighbourhood and city-wide, providing ample outdoor potential. The 1,830 sqft living area is comfortably above the city average, though it is typical for the immediate street. A renovated basement and attached garage add functional living and storage space.
The primary appeal lies in this land-to-value ratio. The home presents an opportunity for buyers who prioritize yard space—for gardening, recreation, or future expansion—within a well-established community. It suits a practical buyer, perhaps a growing family or a hands-on homeowner, who sees value in the solid foundation and the potential of the sizable property over a brand-new build. A thoughtful perspective is that while the home itself is of average assessed value for the area, the significant land holding could represent a strategic long-term asset in a city where larger lots are becoming less common.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely sale price?
Not directly. The assessed value of $51.1k is for tax purposes. The last sale was in 2017 for $36.4k. Market conditions, the home’s updated condition, and the desirable lot size will determine the final sale price.
2. How does the age of the home (built 1989) factor in?
Built in 1989, the home is newer than the Winnipeg average but older than many on its street. This typically means established infrastructure and mature landscaping, but buyers should budget for updates to major 30+ year-old components like the roof, windows, or HVAC.
3. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. It’s essential to clarify if this was a cosmetic update or included critical improvements like moisture-proofing, insulation, and legal egress windows.
4. The lot is large, but how is it shaped and positioned?
A lot of 8,549 sqft is a major asset. To understand its true utility, ask about the dimensions (wide vs. deep), orientation (for sun exposure), and whether it is level or has any unique features or easements.
5. How does this home compare to others on Hallfield Bay?
The data shows this home has a larger lot than most on the street but a slightly smaller living area and lower assessed value than the street average. This suggests it may be a more land-focused property compared to potentially larger or more updated houses nearby.