Property Overview: 3 Simon Drive, Dakota Crossing, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1989, stands out for its above-average living space in a well-established neighbourhood. With 1,460 sqft of living area, it offers significantly more room than most comparable homes on its own street, placing it in the top 5% locally. The property features a renovated basement and sits on a nearly 5,000 sqft lot, which is generous for the immediate area. Its current assessed value of $440k is strong, ranking above average both on its street and citywide.
The primary appeal lies in its combination of space, updates, and a stable location. It’s a home that offers room to grow without the premium often attached to newer builds. The renovated basement adds immediate functional living space. This property would suit practical buyers—growing families, or those moving from a smaller first home—who value interior space over flashier exterior features like a garage or pool. It’s for someone who appreciates a home that already ranks well in its peer group for size and value, suggesting a solid foundation for the long term.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in November 2022 for $46.50k. Its current assessed value of $440k represents a significant increase, consistent with broader market trends. Previous sales in 2020 and 2017 were in the mid-$30k range.
2. What does the "above average" ranking for living area mean?
This means the home's interior square footage is larger than most direct comparisons. On Simon Drive itself, it ranks 1st out of 20 similar homes, offering about 400 sqft more than the street's average.
3. Is the lack of a garage a major drawback?
While the home has no garage, this is reflected in its current pricing and value assessment. For buyers who prioritize interior space over covered parking, or who might consider adding a shed or carport later, this trade-off can be acceptable.
4. How does the lot size compare?
At 4,965 sqft, the lot is above average for Simon Drive but around the middle of the pack for the wider Dakota Crossing area and the city. It provides a good private outdoor space without the extensive maintenance of a much larger yard.
5. What is the neighbourhood like based on this data?
Dakota Crossing appears to be a mature, stable neighbourhood. The data shows homes were primarily built in the late 1980s and 1990s, with values and sizes that are consistently around or above the city average, indicating a well-established, desirable area.