Property Overview & Key Characteristics
This well-situated one-storey home in Dakota Crossing offers a practical and comfortable living space on a generous lot. Built in 1988, its key appeal lies in a combination of space, location, and value. The 1,070 sqft house sits on a large 5,621 sqft lot, providing ample outdoor space—a notable feature within its own street where it ranks in the top 5% for lot size. A recently renovated basement adds functional living area and modern appeal. While the home itself is a comfortable size, the standout metrics are its newer build date relative to the immediate area (top 4% on its street) and a very strong assessed value ranking (top 3% on its street), suggesting it is perceived as a high-value property in its micro-market.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout with room to grow or entertain outdoors. Its strong value rankings and renovated basement also make it a sensible choice for value-conscious buyers seeking a home with immediate livability and less need for major updates. A less obvious perspective is that this home represents a "best-in-class" option for its specific street and era, potentially offering more stability and appeal within its direct peer group of late-80s builds in the area.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,621 sqft lot is a significant feature, ranking in the top 5% for size on Kennington Bay itself, meaning it offers more outdoor space than most of its direct neighbours.
2. The home was built in 1988. Is it older or newer than surrounding houses?
For its specific street, this home is actually among the newer builds, ranking in the top 4%. This can be an advantage, potentially meaning newer construction materials and standards compared to immediate neighbours.
3. What does the assessed value ranking tell me?
With an assessed value ranking in the top 3% on its street, the municipal assessment suggests this property is consistently valued higher than nearly all comparable homes on the same block, which can be a positive indicator for its market position.
4. Is the living space large for the area?
At 1,070 sqft, the living area is above average for the wider Winnipeg market (top 38%) and for the Dakota Crossing neighbourhood (top 23%), offering comfortable space for a one-storey home.
5. How does it compare to the nearby reference property at 70 Kennington Bay?
While the provided data doesn't detail 70 Kennington Bay's specs, its close proximity (15 meters) makes it a perfect direct comparable. A buyer should investigate its listing details, sale price, and condition for the most accurate comparison.