Property Overview: 284 Barlow Crescent, Winnipeg
Key Characteristics & Appeal
This two-storey home in Dakota Crossing presents a balanced and practical offering. Its key features include a renovated basement, an attached garage, and a private pool—amenities that deliver immediate lifestyle benefits. With 1,702 sqft of living space, the home is comfortably above the city-wide average, providing ample room for a family. The 1991 build date means major components are likely still in good condition, yet the home may offer more character and established landscaping than newer constructions.
The appeal lies in its solid, move-in-ready foundation paired with desirable upgrades. The renovated basement adds valuable flexible space, whether for entertainment, a home office, or guests. The pool is a notable perk for summer enjoyment and social gatherings. From an investment perspective, the home's assessed value ranks above average both on its street and city-wide, suggesting a history of maintained or improved value.
This property would suit a growing family seeking a turn-key home in a mature neighbourhood, or a buyer looking for a balance of indoor and outdoor living space without the need for immediate major renovations. It’s also a sensible choice for those who appreciate data-driven value: it offers more living space than most Winnipeg homes while maintaining manageable property taxes relative to its assessed worth.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 5,055 sqft, the lot is slightly smaller than the immediate street average but is very typical for the broader Dakota Crossing neighbourhood and city overall. This often translates to less yard maintenance while still providing good outdoor space, especially with the pool area.
2. The home was built in 1991. What should I consider?
A home of this age is likely past any initial builder warranty issues but is entering the period where original major components (like the roof, windows, or HVAC) may need evaluation or planned replacement. A thorough inspection is advised to assess their remaining lifespan.
3. The home sold for $550k in 2022. How is the current price positioned?
The 2022 sale price placed the home in the top 11-14% of its peer group at that time. This indicates it was a premium offering then, likely due to the renovated basement and pool. Any current listing price should be evaluated against recent 2024 sales of comparable homes with similar features.
4. What does the "above average" assessed value indicate?
An assessed value ($519,000) that ranks above average for the street and city often reflects the property’s improvements (like the renovation and pool) and overall condition compared to peers. It’s a useful benchmark for municipal tax valuation but is not a direct marker of market sale price.
5. Is the pool a major factor in maintenance and cost?
Yes. A pool provides significant enjoyment but adds to annual maintenance (opening, closing, chemicals) and potential long-term costs (liner, equipment replacement). It’s a valuable feature for the right buyer but should be factored into the overall cost of ownership.