Property Overview
56 Julia Road is a well-maintained, one-storey home in the Dakota Crossing neighbourhood of Winnipeg. Built in 2003, it offers a renovated basement and an attached garage. With 1,253 sqft of living space on a 3,925 sqft lot, its size is modest compared to many city homes but is quite typical for its immediate area. The property’s assessed value of $480,000 positions it as an above-average offering citywide, suggesting good value for a modern, turn-key home in a newer community. Its appeal lies in its move-in readiness, modern infrastructure, and the practical layout of a single-level home, all within a neighbourhood that is consistently newer than most of Winnipeg.
Key Characteristics & Ideal Buyer
This home suits buyers seeking a low-maintenance, modern property without the concerns of an aging structure. It’s particularly well-suited for first-time homeowners, downsizers, or those who prefer single-level living. The renovated basement adds valuable flexible space, whether for a family room, home office, or guests. A thoughtful perspective is that while the lot size is smaller than the city average, it translates to less yard work and lower exterior maintenance—a practical trade-off for many. The data shows the home holds its value strongly compared to the broader market, indicating a sound investment in a stable, established newer subdivision. It’s ideal for someone who prioritizes modern comforts and a straightforward layout over expansive square footage or a large yard.
Frequently Asked Questions
1. How does this home compare in size to others in the area?
At 1,253 sqft, the living area is slightly below average for Dakota Crossing but is very typical for Julia Road itself. It offers a comfortable size for the neighbourhood’s standard.
2. What does the "above average" citywide assessed value indicate?
An assessed value ($480k) that ranks in the top 23% citywide, against a lower city average of $390k, suggests the property is in a desirable condition and location relative to the entire Winnipeg market, often reflecting newer construction and amenities.
3. Is the smaller lot size a concern?
The lot is smaller than most in Winnipeg, but is average for Julia Road. This typically means less time and money spent on landscaping and yard upkeep, which can be a benefit for those seeking a low-maintenance lifestyle.
4. What are the advantages of a home built in 2003?
A 2003 build means major components like the roof, windows, furnace, and electrical system are likely still within or approaching their expected lifespans, potentially deferring significant replacement costs for several years compared to an older home.
5. Who might this property not suit?
It may not be the best fit for buyers requiring extensive room to grow, those who prioritize a very large private yard, or anyone seeking a historic character home. The layout and lot size are geared towards efficient, modern living.