Property Overview
This one-storey home at 227 Abbotsfield Drive in Winnipeg's Dakota Crossing neighborhood presents a practical and efficient living option. Its key appeal lies in its balance of a renovated basement, manageable size, and a location that offers relative value. The 1,379 sqft living space is comfortably average for the immediate area, making it suitable for small families, first-time buyers, or downsizers seeking single-level living without the premium of a newer build. The attached garage and updated basement add functional appeal.
A thoughtful perspective on this property is its position as a "value-consistent" home. While the lot size is notably smaller than others on the street, this often translates to less yard maintenance. Furthermore, its assessed value ranks significantly higher city-wide than it does locally, suggesting it may represent a more competitive value within the broader Winnipeg market compared to its immediate neighbors. It suits a buyer looking for a turn-key, low-maintenance property in a stable neighborhood, who prioritizes interior updates and efficient living space over a large yard.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area is smaller than most on Abbotsfield Drive and in Dakota Crossing. This typically means less outdoor maintenance and gardening, which can be a benefit for those seeking a low-maintenance yard, but may not suit buyers wanting extensive outdoor space.
2. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $46.7k is for municipal tax purposes. The last known sale was in 2016 for $370k. The current market price will be determined by recent sales, condition, and market trends, not the tax assessment.
3. What does the "above average" year built ranking mean?
Built in 1998, the home is newer than many in Winnipeg overall. In its immediate area, it's also slightly newer than average. This suggests major components like the roof, windows, and HVAC system may be in a relatively modern stage of their lifespan, though a specific inspection is still crucial.
4. Who might this home not be suitable for?
It may not suit buyers who prioritize a large, private backyard, as the lot is compact. Those needing extensive square footage or multiple stories might also find the layout limiting compared to larger two-storey models.
5. How does the renovated basement affect living space?
The renovated basement effectively adds functional living area beyond the main floor's 1,379 sqft. This is a significant asset, providing space for a family room, home office, or additional bedrooms, enhancing the home's overall utility and appeal.