2 Pentonville Crescent

Property Overview: 2 Pentonville Crescent, Winnipeg

Key Characteristics & Appeal

This well-maintained home at 2 Pentonville Crescent in Dakota Crossing is a 2004-built cabover with 1,698 sqft of living space and an attached garage. Its key appeal lies in offering above-average interior space for the neighbourhood and city, paired with the practical benefits of a modern build. The fully renovated basement adds significant functional living area. While the lot size is more compact compared to some neighbours, this often translates to less yard maintenance. The home’s assessed value positions it as a solid, above-average offering within the broader Dakota Crossing area.

This property would suit practical buyers looking for a move-in ready home from the 2000s, avoiding the potential issues of older foundations or major systems. It’s ideal for small families or professionals who prioritize efficient, modern living space over extensive outdoor land. The consistent appreciation in sale price over recent years also suggests it’s a considered choice for value-conscious buyers seeking a stable investment in a mature suburb.

Frequently Asked Questions

1. How does the lot size impact the property?
At 4,406 sqft, the lot is smaller than the immediate area's average. This means lower maintenance, but also less private outdoor space. The appeal here is the efficient use of a smaller parcel to provide a spacious interior.

2. What does the "above average" ranking for living area actually mean?
The home's living area is in the top 29% on its own street and top 21% city-wide. Simply put, you get more interior space here than in most comparable Winnipeg homes, which is a key feature for the price point.

3. The assessed value seems low compared to recent sale prices. Why?
Municipal assessed value (53.50k) is for tax purposes and often lags behind the market. The home sold for 550k in 2023, which is the relevant market benchmark. The assessment indicates it's not an outlier for the tax base.

4. Is the 2004 build year an advantage?
Yes. Built 22 years ago, it is newer than 85-90% of homes city-wide. This typically means modern building codes, efficient windows, and less immediate worry about major aging components like roofing or plumbing.

5. What is a "cabover" building type?
A cabover design features a garage that is set forward, with living space built above and behind it. This is a common, space-efficient design for suburban homes from this era, often providing a good floor plan layout on a narrower lot.