Property Overview: 98 Julia Road, Dakota Crossing, Winnipeg
Key Characteristics & Appeal
This well-situated home in Dakota Crossing presents a compelling blend of space, modern updates, and established community living. Built in 2003, it offers a practical layout with 1,719 sqft of living space and a notably large, renovated basement, adding significant functional area. The property stands out on its street and within the neighborhood for its above-average lot size (5,833 sqft), providing generous outdoor space relative to immediate peers.
The primary appeal lies in its strong positional value. The home ranks in the top tier for both living area and assessed value on its own street, indicating it is a premium property within a desirable micro-location. Its last sale in 2022 at $650k further supports its market stature. The renovated basement and attached garage add practical, day-to-day appeal for family living.
This property would best suit buyers looking for a move-in ready home in a mature, established neighborhood who value space—both indoors and out—over a brand-new build. It’s ideal for a growing family or someone seeking a home with a strong foundation (literally and figuratively) that has already seen key updates, allowing them to settle in without immediate major projects.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is in the top 4% on its street and top 18% in Dakota Crossing, signaling it is considered a higher-value home within the community compared to its neighbors, which is consistent with its larger lot and living space.
2. Is the basement a legal suite?
The listing specifies a renovated basement but does not indicate it is a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income potential.
3. What is the significance of the lot size?
At nearly 6,000 sqft, the lot is larger than most on Julia Road (top 7%), offering more private outdoor space than typical for the street—a valuable feature for gardening, recreation, or future additions like a deck or shed.
4. The home was last sold in 2022; does this indicate rapid turnover?
Not necessarily. While recent, the sale two years ago could reflect a variety of common life changes (relocation, upsizing). The stable, above-average metrics suggest the home is in a sought-after spot.
5. How does the age of the home (2003) factor in?
Built 23 years ago, the home is newer than the Winnipeg city average. This age often represents a sweet spot: major components are not yet at end-of-life, but the neighborhood landscaping and community are well-established, avoiding the uncertainties of a brand-new development.