Property Overview

This single-storey home at 14 Simon Drive in Winnipeg's Dakota Crossing neighborhood presents a practical and affordable entry point into homeownership. Its key appeal lies in offering solid fundamentals—a recently renovated basement and manageable size—within a stable, established area. The home suits first-time buyers or downsizers seeking a low-maintenance living space without a major renovation project. A thoughtful perspective is that while the house is modest relative to its immediate neighborhood, its city-wide metrics show it aligns with a broader, average Winnipeg standard, potentially offering value less influenced by localized premium pricing.

Key Characteristics & Ideal Buyer

• The Home: Built in 1988, this 1,063 sqft bungalow sits on a 4,589 sqft lot. Its primary feature is a renovated basement, adding functional living space. There is no garage or pool. The assessed value is notably below average for the Dakota Crossing area.
• The Appeal: The appeal is grounded in move-in readiness (thanks to the basement renovation) and affordability within a mature community. Its size and one-storey layout promise easy living and lower utility costs. For the right buyer, its "below neighborhood average" status on metrics like size and value can be seen as an opportunity to enter the area at a relatively accessible price point.
• Who It Suits: This property is an ideal match for first-time homebuyers working with a strict budget or empty-nesters looking to downsize from a larger family home. It would also suit a pragmatic buyer who prioritizes a updated interior over exterior features like a garage or large lot, and who values community stability over a brand-new build.

Frequently Asked Questions

1. How does this home compare to others in Dakota Crossing?
The data indicates this home is more modest than many in the neighborhood. Its living area and assessed value rank below the Dakota Crossing average, meaning it's likely priced more accessibly than many surrounding properties.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the permits, quality of finishes, ceiling height, and whether it includes a proper bedroom or legal secondary suite.

3. Is there potential to add a garage in the future?
The lot size is below average for the street and area. While possible, the feasibility and cost of adding a garage would depend on specific setback bylaws, the driveway layout, and how much yard space you wish to retain.

4. The home sold in 2016 for $29,700. Why is that price so low?
This previous sale price is dramatically lower than both the current assessed value and typical market prices. This strongly suggests the 2016 transaction was not a standard, arms-length market sale (e.g., it may have been a transfer between family members). It should not be used as a benchmark for current market value.

5. What are the immediate costs or projects a new owner should anticipate?
With a renovated basement, major interior updates may not be urgent. However, given the age of the home (38 years), a buyer should budget for and inspect the condition of major systems like the roof, windows, furnace, and plumbing, which may be nearing the end of their service life.