Property Overview: 71 Julia Road, Winnipeg
Key Characteristics & Appeal
This two-storey home in Dakota Crossing offers a practical, modern living space built in 2004, making it notably newer than most homes in Winnipeg. Its key appeal lies in its balance of above-average interior space and a recently renovated basement, all within a manageable, low-maintenance footprint. With 1,647 sqft of living area, the home provides more space than many comparable properties in the city and on its own street. The attached garage adds everyday convenience.
The property’s standout characteristic is its age; it ranks in the top 3% for being newer on Julia Road. This suggests less immediate concern for major system replacements common in older homes. However, the lot size is more compact than most in the area, which translates to less yard upkeep—a plus for some, but a consideration for those wanting extensive outdoor space.
This home would suit first-time buyers or young families looking for a move-in-ready property without the quirks and renovation demands of an older house. It’s also a strong fit for professionals seeking a modern, efficient home with a finished basement for extra living or recreational space, prioritizing interior updates and low exterior maintenance over a large yard.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is around average for both Julia Road and the wider Dakota Crossing neighborhood, but ranks above average citywide. This indicates you are paying for a desirable location and a newer home, with pricing consistent with the immediate area.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated, but specifics on finish quality, permits, and layout are not provided. This is a key detail to clarify with the seller or agent to understand the home’s full living potential.
3. Is the smaller lot size a disadvantage?
It depends on your lifestyle. The lot is smaller than most in the neighborhood, which limits expansive gardening or large outdoor recreation space. Conversely, it means less time and cost spent on lawn care and landscaping, which can be a significant benefit.
4. The home sold in 2021; what might that mean?
The previous sale in September 2021 for $510k provides a recent market benchmark. Understanding why the sellers are moving after a relatively short period could offer useful context, though common reasons include life changes or relocation.
5. How does the home’s age impact potential costs?
Built in 2004, major components like the roof, windows, and HVAC system are likely original and may be approaching the end of their typical service life. While newer than most, a pre-purchase inspection is crucial to anticipate any near-term capital expenses.