280 Ravensden Drive

Property Overview: 280 Ravensden Drive, Winnipeg

Key Characteristics & Appeal

This 2017-built, one-storey home in Dakota Crossing offers modern construction in a move-in-ready state. Its key appeal lies in being a newer property (ranking in the top 1% of its neighbourhood for year built) that requires no major updates, paired with a very efficient and manageable 1,263 sqft layout. The attached garage and full basement add practical utility.

The home presents a specific value proposition. Its assessed value is notably below average for its immediate street but is above average citywide, suggesting it may be priced more accessibly than many newer builds in Winnipeg. The lot size is modest, which translates to lower maintenance—a plus for those seeking a newer home without extensive yard work.

This property would suit first-time buyers or downsizers looking for a modern, low-maintenance home without the premium often attached to brand-new construction. It’s also a practical fit for investors or buyers who prioritize the cost savings and reliability of newer mechanical systems (like HVAC and roofing) over having more square footage or a larger yard.

Frequently Asked Questions

1. Is this a good value for a newer home?
Based on the data, yes. Built in 2017, it is among the newest homes in the Dakota Crossing area. Its citywide assessed value ranking is strong (top 24%), yet it sits below the average value for its own street, which could indicate a competitive entry point into a modern property.

2. What does the "basement not renovated" mean?
It indicates the basement is unfinished. This is common in newer homes and can be seen as a blank canvas, allowing you to finish it to your taste and needs over time, potentially adding significant living space and value.

3. How does the home's size compare to others?
At 1,263 sqft, the living area is smaller than the average on its street and in Dakota Crossing. This makes it a more efficient, easier-to-maintain space, which is a trade-off some buyers actively seek for a newer, more affordable home.

4. What is the neighbourhood like for a 2017 build?
Dakota Crossing features homes built primarily in the early 2000s. A 2017 build is a relative outlier, meaning you get a newer home while being part of an established community with mature landscaping and settled neighbourhood dynamics.

5. Why is the last sale price from 2017 so different from the assessed value?
The home was likely purchased new from the builder in 2017 for $349,000. The current assessed value reflects market appreciation and the City of Winnipeg’s valuation for tax purposes, which considers broader market trends and is typically lower than a potential resale price.