52 Hedgestone Crescent

Property Overview: 52 Hedgestone Crescent, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Dakota Crossing presents a practical and comfortable living option. Built in 1992, it is notably newer than many city-wide comparables, suggesting a potentially more modern construction foundation and systems for its age. The home features 1,238 sqft of living space, an attached garage, and a renovated basement, offering functional, single-level living with expanded below-ground space.

Its primary appeal lies in its solid, middle-of-the-road metrics within a stable neighbourhood. The property doesn’t stand out for size but holds its own, with an assessed value that performs well compared to the wider city. This indicates a perceived value that may offer a sensible entry point into the market. It would suit first-time buyers or downsizers seeking a manageable, updated home without the premium of a brand-new build. The renovated basement adds flexible space for a growing family, a home office, or guests, providing extra utility beyond the main-floor square footage. A thoughtful perspective is that its "average" rankings within the immediate area could signal a lower risk of overpaying relative to the street, while its stronger city-wide value rank hints at a sound long-term investment within Winnipeg’s broader market.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home sold in April 2024 for $54.10k, which was above both the street and area average sale prices at the time, indicating strong buyer interest and a market value that exceeded typical assessed benchmarks.

2. Is the lot size typical for the area?
The land area of 4,461 sqft is below the average for the Dakota Crossing area, meaning the yard space may be more compact than some neighbours. However, it is closer to the average for the specific street.

3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the quality, permits, and the nature of the renovation (e.g., finished living space, modernized utilities, or both).

4. How does the age of this home affect its condition?
Built in 1992, the home is newer than many in Winnipeg. While this can mean more modern wiring and plumbing, it also places it in the period where major components like the roof, windows, or HVAC system may be nearing the end of their typical lifespan and due for inspection or replacement.

5. Are the property taxes likely to be in line with the assessment?
The assessed value is $47.70k, which is above the city-wide average for comparable homes. Property taxes are based on this assessment, so they may be proportionally higher than for an older or smaller home in the city, though still within a mid-range bracket.