Property Overview
This two-storey home at 43 Everingham Bay in Winnipeg's Dakota Crossing neighbourhood presents a compelling blend of space, location, and established value. Built in 1989, it features 2,044 sqft of living space, an attached garage, and a renovated basement. The property stands out for its generous 9,438 sqft lot, which is significantly larger than most in the area, offering ample outdoor potential. Its recent sale history and above-average assessments for both living area and lot size city-wide suggest a well-regarded property in a stable market.
Section 1: Key Characteristics & Appeal
Key Characteristics:
The home is defined by its above-average interior space and its standout, elite-sized lot within Dakota Crossing. It is a solidly built, late-80s two-storey with the practical benefits of an attached garage and a finished basement. The property holds an assessed value that is above average for both the neighbourhood and the wider city.
Where the Appeal Lies:
The primary appeal is the rare combination of a spacious home on a much larger-than-typical lot. This isn't just about interior square footage; it's about outdoor possibilities—room for gardening, play, expansion, or simply more privacy. The home's metrics consistently perform well against local and city-wide benchmarks, indicating a property that has maintained its substance and desirability. Its appeal is practical and long-term, rooted in tangible assets rather than fleeting trends.
Ideal Buyer Profile:
This property would suit a growing family or anyone seeking space without moving to the distant suburbs. It's ideal for buyers who value a large yard as much as indoor space, and for those who appreciate an established neighbourhood with proven value. It would also appeal to a practical buyer looking for a home with a renovated basement ready for use, not a project.
Section 2: Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is 9,438 sqft, which places it in the top 7% of residential properties city-wide. In Dakota Crossing specifically, it ranks in the elite top 4%, meaning very few homes in the area offer this much land.
2. The home was built in 1989. What should I consider?
A home of this age is likely to have seen updates, like the renovated basement, but a thoughtful inspection of core components (roof, windows, HVAC, plumbing) is advisable to understand its current condition and plan for any future maintenance.
3. The assessed value seems lower than the last sale price. Why?
Municipal assessed value (currently $55.30k) is for tax purposes and often lags behind the current market. The home sold for $58.50k in August 2022, which is a more direct indicator of its recent market value.
4. Is the living space considered large for the area?
Yes. With 2,044 sqft, the home is above average for its immediate street, the Dakota Crossing neighbourhood, and the city of Winnipeg as a whole, placing it in the top 10-20% for living area in these categories.
5. What is the neighbourhood context of Everingham Bay?
The data shows homes on this street are generally comparable in age and assessed value. The key differentiator for this specific property is its larger living area and, most notably, its significantly larger lot size compared to the street average.