240 Barlow Crescent

Property Overview

This well-maintained one-storey home on Barlow Crescent in Dakota Crossing presents a practical and comfortable living space. Built in 1993, its key appeal lies in its balance of above-average investment and below-average maintenance. With 1,623 sqft of living space and a renovated basement, it offers functional room for a family. The attached garage and a standard 5,495 sqft lot round out the classic suburban package.

The home’s standout characteristic is its strong assessed value, which ranks in the top 20% of the Dakota Crossing area and top 10% of its immediate street. This suggests the property has been well-kept or improved relative to its peers. While the living space is typical for the neighbourhood, it is notably above the Winnipeg citywide average, meaning you get more interior space than most homes across the city. Its age is an advantage; built more recently than three-quarters of city homes, it may have fewer major system updates due soon compared to older stock.

This property would suit first-time buyers or downsizers looking for single-level living without sacrificing space. It’s also a sensible fit for a pragmatic investor or a family seeking a move-in ready home in a stable neighbourhood, who values a property that appears to have a strong value foundation relative to its surroundings.

Frequently Asked Questions

How does the assessed value compare to the last sale price?
The home was last sold in November 2020 for $430,000. Its current assessed value is $546,000. This significant increase reflects market changes and possibly renovations over that period.

Is the living space large for the area?
The living area is very close to the average for both Barlow Crescent and the wider Dakota Crossing area. Its size is more notable on a citywide scale, where it ranks above average, offering more space than most Winnipeg homes.

What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key point to clarify with the seller or agent to understand the finish quality, layout, and whether it includes legal secondary suites or additional bedrooms.

Are properties on this street consistent?
The data shows consistency. The homes were largely built around the same time (1993 average), and this property’s lot size and living area are very typical for the street, indicating a uniform, established neighbourhood character.

What might the above-average assessment mean for property taxes?
A higher assessed value typically leads to higher property taxes, as taxes are calculated as a percentage of that value. However, it also strongly suggests the municipality views this property as being worth more than many of its neighbours, which can be positive for equity.