706 Aldgate Road

Property Overview: 706 Aldgate Road, Dakota Crossing, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Dakota Crossing presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, an attached garage, and a notably generous 6,385 sqft lot that ranks within the top 6% for size on its own street. Built in 2006, the home is relatively modern compared to many in the wider city, potentially meaning fewer major upkeep concerns in the near term.

The appeal lies in its balanced, above-average positioning across several metrics. While the living space (1,317 sqft) is average for the area, the property stands out for its larger-than-typical lot and its assessed value, which is strong citywide. This suggests you're getting a good amount of land and a solidly valued asset for the investment. The recent basement renovation adds immediate move-in readiness and functional space.

This property would suit buyers looking for a grounded, single-level home in a mature neighbourhood. It’s ideal for those who prioritize private outdoor space over a massive interior footprint, or for someone who sees potential in the sizable lot for future gardens, play areas, or expansions. It represents a sensible choice for downsizers, young families seeking stability, or value-oriented buyers who appreciate a home that performs well on key long-term metrics like lot size and property value relative to the broader market.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others?
The home’s assessed value of $510k is above the citywide average. Notably, it ranks higher for value than it does for size, indicating its worth is driven by factors beyond just square footage—likely including its modern build year, renovated basement, and substantial lot.

2. Is the lot size a significant feature?
Yes. At over 6,300 sqft, the lot is significantly larger than most in the immediate Dakota Crossing area and on Aldgate Road itself. This is a key differentiator, offering more privacy and yard space than many comparable properties.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality of the renovation and how the space is currently configured (e.g., recreational room, additional bedroom, etc.).

4. How active is the market on this street?
Sales data shows homes on Aldgate Road have sold relatively recently (2020, 2023), suggesting it is an active, desirable street. The sale prices of neighbouring properties have been consistently strong, indicating stable demand.

5. Are property taxes likely to be high given the assessed value?
While the assessed value is above the city average, property taxes are also influenced by the municipal tax rate. You can estimate the tax bill by applying the current Winnipeg tax rate to the assessed value. It’s advisable to budget for taxes commensurate with a property in this value range.