Property Overview: 47 Sundial Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 1989 bi-level home at 47 Sundial Crescent presents a specific and practical value proposition. Its key characteristic is its compact size, with 680 sqft of living space, which is notably smaller than most homes in the Dakota Crossing neighbourhood and across Winnipeg. This is paired with a recently renovated basement, adding functional space. The home sits on a modest, manageable lot.
The primary appeal lies in its affordability and efficiency. With a recent sale price of $350k, it offers a clear entry point into the Winnipeg market, particularly for those priced out of larger, more expensive properties. It suits first-time buyers seeking a low-maintenance starter home, downsizers looking to reduce space and upkeep, or investors interested in a rental property with a relatively low entry cost. A less obvious perspective is that its smaller footprint and newer construction date (relative to the city-wide average) could translate to lower utility costs and fewer immediate major repairs compared to much older, larger homes. It’s a home for practical living, not for those needing ample room.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 680 sqft, the living area is compact. The renovated basement provides crucial additional space, making the home functional for a single person, a couple, or a very small family comfortable with efficient living.
2. Why is the assessed value so much lower than the sale price?
The municipal assessed value ($32.7k) is for taxation purposes and is often significantly below market value. The recent sale price of $350k is the true indicator of its current market value.
3. What does "below average" for size in the neighbourhood mean?
Most homes in Dakota Crossing are larger, averaging about 1,483 sqft. This home is among the smallest in the area, which explains its lower price point and different appeal compared to typical family homes nearby.
4. Are there any major concerns with a home built in 1989?
Built in the late 1980s, this home is newer than the Winnipeg city average. While not new, major components like the roof, windows, or furnace may be due for inspection or replacement based on their specific age and maintenance history, which should be verified.
5. Is there potential to expand or add a garage?
The lot size is below average for the area, which may limit expansion possibilities or the addition of a detached garage. Any plans for significant additions would require careful review of lot coverage and zoning bylaws.