Property Overview: 61 Hallfield Bay, Winnipeg
Key Characteristics & Appeal
This 2017-built, one-storey home in Dakota Crossing offers modern convenience in a well-established neighborhood. With 1,404 sqft of living space and an attached garage, it presents as a manageable, low-maintenance property. Its primary appeal lies in its contemporary build year, which stands out significantly in the area—ranking in the top 1% of Dakota Crossing and top 5% citywide for newness. This suggests updated building standards, materials, and systems, reducing the immediate need for major upgrades.
The home sits on a roughly 6,000 sqft lot, providing ample outdoor space relative to many city properties. While its living space is modest for its immediate street, it aligns with the Winnipeg average, making it efficient rather than expansive. The assessed value of $500k positions it as a premium property citywide (top 20%), but more average within its own neighborhood. This dynamic may appeal to buyers seeking a modern home without the premium typically attached to a new build in a newer suburb.
This property would best suit first-time buyers or downsizers who prioritize a newer, worry-free structure in a mature community with larger lots. It’s for those who value modern infrastructure over sheer square footage and prefer a single-level layout. A thoughtful perspective: this home represents an opportunity to acquire a "young" house in an older area, potentially offering the best of both worlds—modern mechanics within a settled, green neighborhood with mature landscaping.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is present but not renovated. This provides a blank canvas for future expansion or storage, but requires investment to become living space.
2. How does the property’s value compare to the neighborhood?
Its $500k assessment is around average for Dakota Crossing. Interestingly, while the home is newer than most in the area, its living space is below the street average, which may balance its valuation.
3. What is the significance of the build year being 2017?
It means the home is significantly newer than most in Winnipeg (built on average in 1966) and in its immediate area. This typically translates to newer roofing, windows, HVAC, and electrical systems, offering potential savings on near-term maintenance.
4. The last sale was in 2021 for $465k. Why is the assessed value now higher?
The assessed value is a municipal valuation for tax purposes, not a direct market price. The increase from the 2021 sale price to the current $500k assessment likely reflects market changes and the relative newness of the property in a city with an older housing stock.
5. Who are the typical neighbors or buyers in this area?
Dakota Crossing is an established neighborhood. The mix of older homes and a few newer builds like this one often attracts a blend of long-term residents and buyers seeking mature lots with newer home comforts, favoring stability over trendiness.