Property Overview
203 Fulton Street is a spacious, well-situated two-storey home in Winnipeg's Dakota Crossing neighbourhood. Built in 2003, it stands out as one of the newest homes on its street. The property features 1,875 sqft of living space, which is notably larger than most comparable homes in the immediate area, city-wide, and especially on Fulton Street itself. It includes an attached garage and a full, unrenovated basement, presenting a blank canvas for future development. The lot is a generous 4,722 sqft, providing ample outdoor space.
The home’s primary appeal lies in its above-average size and modern build relative to its surroundings, offering move-in-ready space without the premium often attached to brand-new construction. It last sold in December 2020 for $440,000. The current assessed value is approximately $49,900, which is consistent with area averages, suggesting a stable and established valuation.
This property would suit growing families or professionals seeking spacious, modern living in a mature neighbourhood. It’s ideal for buyers who value room to grow over a flashy, fully finished home, as the basement offers clear potential for customization. It also appeals to those looking for a home that statistically outperforms many peers in terms of living area and age, providing a sense of value and longevity.
Frequently Asked Questions
How does the living space truly compare to other homes?
At 1,875 sqft, this home is in the top 2% for size on Fulton Street and the top 14% city-wide. It offers significantly more room than the average Winnipeg home (1,342 sqft) and area comparables.
What does "basement not renovated" imply?
The basement is finished but in its original 2003 state. It’s functional but may feel dated. This is a key opportunity for buyers to add value and customize the space to their taste without the major expense of a bare-bones excavation.
Is the assessed value a good indicator of the likely sale price?
Not directly. The assessed value of $49,900 is for municipal tax purposes. The home last sold for $440,000 in 2020. Market conditions, recent upgrades, and buyer demand will determine the final sale price, which is typically much higher than the assessed figure.
The home is newer than most on the street. What are the advantages?
Built in 2003, it is the newest home on Fulton Street. This typically means more modern construction standards, younger major systems (like roof, furnace, windows), and less immediate need for costly updates compared to older neighbourhood homes.
How does the lot size impact the property?
At 4,722 sqft, the lot is above average for the street but around the city-wide average. It provides a good balance of yard space for recreation or gardening without the extensive maintenance of a much larger lot.