Property Overview
This one-storey home at 4 Alderbrook Road in Winnipeg's Dakota Crossing neighborhood presents a practical and efficient living option. Its key appeal lies in its balance of a renovated basement, an attached garage, and a manageable 1,158 sqft layout on a well-sized 5,523 sqft lot. Built in 1992, the home is newer than many across the city. The data suggests a property that is modest for its immediate street and neighborhood in terms of living space, but which holds its own or exceeds city-wide averages in categories like assessed value and year built. It last sold in August 2023.
Who It's For
This home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in an established community. Its renovated basement adds valuable flexible space for a family room, home office, or guests. The buyer likely prioritizes a solid, move-in ready foundation in a quiet location over sheer square footage, appreciating the attached garage and a lot that offers decent outdoor space without being overwhelming.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,158 sqft, this home has less living area than most comparable homes on Alderbrook Road and within the broader Dakota Crossing area. However, its footprint is very close to the average for the entire city of Winnipeg.
2. What does the assessed value tell us?
The assessed value of $44.90k is below average for the street but above average city-wide. This can indicate that the property is in a desirable area where land and property values are generally strong, even for a more modestly sized home.
3. Is the lot a good size?
Yes. The 5,523 sqft lot is larger than most on its street and is typical for the Dakota Crossing neighborhood. It provides good outdoor space relative to the home's footprint.
4. What are the implications of the 1992 build year?
A 1992 construction means major components like the roof, windows, and HVAC system are likely within or approaching a standard lifecycle for replacement. However, it also means the home benefits from more modern building standards and layouts than much of Winnipeg's older housing stock.
5. Why is there a difference between the assessed value and recent sale price?
The home sold for $46.50k in August 2023, which is slightly higher than its current assessed value of $44.90k. This is not uncommon, as assessed values for taxation purposes can differ from market sale prices, which are influenced by current buyer demand and specific property conditions.