Property Overview
203 Goldthorpe Crescent is a modest, one-storey home in Winnipeg's Dakota Crossing neighbourhood. Its primary appeal lies in being an affordable entry point into the housing market, particularly for those who value outdoor space over interior square footage. The home itself is compact at 884 sqft with a renovated basement, but it sits on a lot that is larger than most in the immediate area (over 5,900 sqft). Built in 1987, it is a typical home for its street but is newer than many across the city. The most recent sale was in 2020 for $33,100, with a current assessed value of $38,300.
This property would suit first-time buyers, downsizers, or investors seeking a low-cost footprint with renovation or expansion potential. Its below-average living area means it's best for those with simple space needs, but the above-average lot size offers a tangible asset: room for gardening, pets, or future additions. It’s a practical choice for someone whose budget prioritizes land ownership and location within a stable community over move-in-ready size and finishes.
Frequently Asked Questions
Is this a small house?
Yes. At 884 sqft of living area, it is smaller than the average home on its street, in Dakota Crossing, and across Winnipeg. The renovated basement provides additional usable space.
Why is the assessed value so much lower than the city-wide average?
The assessed value of $38,300 is close to the average for its immediate street and neighbourhood. The much higher city-wide average (approx. $390k) is skewed by larger, newer, or more premium homes in other areas. This reflects the property's position as a more affordable, modest home.
What does "above average land area" mean practically?
The lot is 5,903 sqft, which is larger than about 80% of lots on Goldthorpe Crescent and in Dakota Crossing. This means more private yard space than neighbours, which is a key feature for this property.
Who might this property not suit?
It may not suit buyers looking for a turn-key family home with ample bedrooms and living space, or those unwilling to consider future renovations to maximize the potential of the lot and basement.
How does the 2020 sale price relate to today's value?
The 2020 sale price of $33,100 provides a historical benchmark. The current assessed value of $38,300 offers an official estimate for municipal tax purposes, but market value would be determined by current conditions, recent comparable sales, and the property's updated state.