Property Overview: 56 Eastmount Drive, Winnipeg
Key Characteristics & Appeal
This 1991 bi-level home at 56 Eastmount Drive in Dakota Crossing presents a practical and value-oriented opportunity. With 1,116 sqft of living space and a renovated basement, it offers functional, modernized living on a standard 5,313 sqft lot with an attached garage. Its core appeal lies in its position as a well-maintained, move-in ready home from a relatively recent build era, requiring less immediate upkeep than many older city properties.
The home is ideally suited for first-time buyers or downsizers seeking an affordable entry into a stable neighborhood without a major renovation project. Its below-average living space for the immediate area suggests a more efficient and manageable footprint, which can translate to lower utility costs and less maintenance. A thoughtful perspective is its citywide standing: while the home is modest in size for its own street, its assessed value ranks in the top 29% across all of Winnipeg. This indicates that for the price, you are acquiring a property in a desirable valuation tier city-wide, offering potential for solid equity in a manageable package.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 1,116 sqft, the living area is below the average for both Eastmount Drive and the broader Dakota Crossing area. This makes it a more compact option, which can be an advantage for those seeking efficiency and lower maintenance.
2. What does the assessed value tell me about this property?
The assessed value of $44,500 is below average for the street but ranks in the top 29% citywide. This suggests the property holds strong value within the broader Winnipeg market, even if it's more modest within its immediate context.
3. Is the lot size a pro or a con?
The lot is approximately 5,313 sqft, which is very typical for the area. It provides adequate outdoor space for gardening or recreation without the burden of extensive landscaping upkeep.
4. The home was last sold in 2019. What does that indicate?
The sale in May 2019 for $35,700 shows a history of stable ownership over the past five years. This can often imply consistent maintenance and less turnover compared to a frequently flipped property.
5. Who would this property suit best?
This home is an excellent match for practical buyers—first-time homeowners, investors, or downsizers—who prioritize a renovated, low-maintenance property in a good citywide value bracket over having the largest house on the block. Its bi-level design and efficient size offer a straightforward, cost-effective living solution.