Property Summary: 152 Wainwright Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained, one-storey home in Dakota Crossing offers a practical and modern living space. Built in 2014, it benefits from relatively new construction, meaning major components like the roof, windows, and mechanical systems are likely in good condition, offering peace of mind and lower near-term maintenance costs compared to older city averages. The home features a renovated basement and an attached garage, adding valuable functional space.

Its primary appeal lies in its efficiency and value positioning. While its 1,202 sqft living area is modest for its immediate street and neighbourhood, it is very close to the Winnipeg citywide average. This creates an interesting dynamic: it’s a newer home in a desirable area, but with a smaller, more manageable footprint. The assessed value tells a compelling story—it sits above average citywide, suggesting solid inherent value, yet is below average on its own street. This could indicate an opportunity for a buyer seeking entry into a well-established area without the premium typically attached to the largest homes there.

This property would suit first-time buyers, downsizers, or practical-minded individuals who prioritize a modern, low-maintenance home over sheer size. It’s ideal for someone who wants a newer build in a mature neighbourhood but doesn’t require extensive square footage, offering a balance of contemporary comforts and a manageable scale.

Section 2: Frequently Asked Questions

1. Is this a small house?
Compared to other homes on Wainwright Crescent and in Dakota Crossing, yes, its living area is below the local average. However, it is very close to the overall average size for a Winnipeg home, making it a comfortably sized, efficient property for many households.

2. Why is the assessed value higher citywide than on its own street?
The citywide assessment compares it to all Winnipeg homes, many of which are older. Its newer age and condition give it an advantage. On its street, it’s compared to larger, potentially more premium homes, which places its value in a different context.

3. What does the sale history indicate?
The home sold for $370k in 2016 and $52.70k in 2021. The 2021 sale price is unusually low and not reflective of market value; it likely represents a non-arms-length transaction, such as a transfer between family members. The 2016 sale is a more relevant market benchmark.

4. Who might this home not suit?
Buyers who need multiple large bedrooms, extensive living and storage space, or who prioritize having one of the largest homes on the block may find this property too compact. It’s designed for efficient, not expansive, living.

5. What is the potential here?
The renovated basement adds immediate liveable space. The lot size is consistent with the area, and the home’s newer age provides a solid, worry-free foundation. The value proposition is in acquiring a modern, low-maintenance property in a sought-after neighbourhood, with the trade-off being a cozier interior layout compared to neighbours.