Property Overview
This two-storey home at 32 Abbotsfield Drive in Winnipeg's Dakota Crossing neighborhood presents a compelling blend of space, modern updates, and strong value retention. Built in 1995, it features a renovated basement, an attached garage, and a private pool. The home's standout characteristic is its significant above-average assessed value, ranking in the top 3% on its own street and the top 12% citywide, suggesting it is a high-performing asset in its market. With 1,672 sqft of living space, it offers more room than most comparable homes locally. The property suits buyers looking for a move-in ready home with recreational amenities, and it particularly appeals to those who value a property with proven investment strength over time. It’s an ideal fit for growing families seeking space and privacy, or for value-conscious buyers who appreciate a home that stands out in its immediate area for its financial appraisal.
Key Questions & Considerations
How does the assessed value compare to the last sale price?
The home was last sold in May 2017 for $41,800. Its current assessed value of $55,400 indicates substantial growth in its appraised value over a seven-year period.
Is the living space efficiently laid out?
While the living area is in the top 14% for its street, the lot size is closer to the neighborhood average. This suggests the home's square footage is well-utilized on the property, potentially offering a generous interior without excessive yard maintenance.
What does the "top 3%" assessed value ranking mean for me?
This elite ranking on Abbotsfield Drive indicates this home is consistently valued much higher than its direct neighbors. This can be a sign of superior upkeep, desirable improvements, or a premium location within the street, which can contribute to stability and equity.
How does the pool impact value and appeal?
The pool is a notable luxury feature for the Winnipeg climate, offering summer recreation. It appeals to specific buyers seeking this amenity but also entails seasonal maintenance and insurance considerations that buyers should factor in.
Is the home’s age a concern?
Built in 1995, the home is newer than the Winnipeg city average. While major components like the roof, windows, and HVAC may be approaching or within their typical renewal period, its age also means it likely benefits from modern building standards compared to much older stock in the city.