Property Overview
This well-situated one-storey home at 99 Draho Crescent in Dakota Crossing offers a practical layout with 1,205 sqft of living space and an attached garage. Built in 1999, its key appeal lies in its generous 5,600 sqft lot, which is notably larger than many in the immediate area and provides ample outdoor space. The home presents as a solid, unrenovated canvas, with a basement that is functional but awaits finishing. Its assessed value is positioned below the neighbourhood average, suggesting potential value for a buyer willing to invest in updates over time.
This property would suit a first-time buyer looking for a manageable single-level layout in an established neighbourhood, or a pragmatic investor seeking a property with a good land-to-building ratio. Its true potential is for the buyer who sees value in the sizable yard—ideal for gardening, pets, or future expansion—and views the interior as a long-term project to build equity.
Frequently Asked Questions
What does "basement not renovated" typically mean?
It indicates the basement is unfinished or only partially finished, likely used for utilities and storage. It’s a blank slate for future development, adding to the home's potential but not its current living space.
How does the lot size compare to others?
The lot is a standout feature. At 5,600 sqft, it ranks in the top 9% on its own street, offering significantly more yard space than many neighbouring properties.
Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value of $43,200 is for municipal tax purposes. The home last sold in July 2022 for $47,600, and current market conditions will determine the final sale price.
What does the ranking data for "Living Area" tell me?
The rankings show the home's size is very average for the city overall, but slightly below average for the Dakota Crossing neighbourhood specifically. This reinforces the property's position as a standard-sized home where the value is more in the land.
What type of immediate costs should a buyer anticipate?
Given the age of the home (27 years) and the mention of an unrenovated basement, buyers should budget for routine maintenance items common to houses of this era, such as roof, windows, or HVAC systems, in addition to any desired cosmetic updates.