Property Overview: 80 Marinus Place, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing presents a practical and comfortable living space. Its key appeal lies in its strong positional value within its immediate neighborhood. The home boasts an above-average living area (1,238 sq ft) for Marinus Place, ranking in the top 9% of the street, and a recently renovated basement adds functional space. With an assessed value of $470,000, it sits in the top 13% on its street and the top 25% citywide, indicating a perception of solid value relative to many Winnipeg homes.
The 1990 build date is newer than most city homes, offering modern construction basics without the concerns of much older properties. The attached garage and manageable 4,335 sq ft lot cater to convenient, low-maintenance living. This property would suit first-time buyers or downsizers seeking a move-in ready, single-level home in an established area. It’s particularly compelling for buyers who prioritize a home that stands out positively on its own block—a sign of a good investment within a micro-market—over having the largest yard in the district.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
Its assessed value is above average for both the street and the entire city, but around the middle range for the broader Dakota Crossing neighborhood. This suggests you’re paying for a home that is a standout on its specific block.
2. Is the lot size a concern?
The lot is slightly smaller than the average for Dakota Crossing. This translates to less yard maintenance, which is a plus for many, but may not suit those wanting extensive outdoor space for gardening or recreation.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. Viewing the property or requesting details from the listing agent is essential to understand the finish quality, room layouts, and whether it includes a separate entrance or legal suite potential.
4. The home last sold in 2017 for $370,000. What does that mean today?
The 2017 sale price provides historical context, but the current $470,000 assessed value reflects market changes, any improvements made since then (like the basement renovation), and the city’s valuation for tax purposes. Market sale price can differ from the assessed value.
5. Who might this home not suit?
Families needing multiple bedrooms on one level or those seeking a brand-new build might find the 1990 layout and style dated. Additionally, buyers looking for a large, expansive yard or a home with a pool would need to look elsewhere.