Property Overview: 162 Fulton Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 162 Fulton Street in Dakota Crossing presents a practical and well-maintained offering. Built in 1999, it is newer than most Winnipeg homes, suggesting modern construction standards and potentially fewer major upkeep concerns in the near term. With 1,456 sqft of living space and a renovated basement, it provides functional room for a family. The attached garage and a land area of 4,617 sqft are solid, usable features for the neighbourhood.

The home’s primary appeal lies in its strong assessed value relative to its peers, ranking in the top 12% on its own street and top 18% citywide. This indicates municipal recognition of its condition and worth above average. It suits buyers looking for a move-in-ready home in a mature, established neighbourhood like Dakota Crossing, who value a newer build date and a renovated basement over ultra-modern finishes or a massive lot. It’s a sensible choice for first-time homeowners or downsizers seeking a low-maintenance property without the premium of a brand-new subdivision.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $51,200 is for municipal tax purposes. The last known sale was in 2016 for $40,800. The current market price will be determined by recent sales, condition, and demand, and will likely differ from both figures.

2. What does "renovated basement" typically mean for a bi-level?
In a bi-level, the basement is partially above ground, offering better natural light. A renovation here often means finished living space—such as a family room, extra bedroom, or bathroom—adding significantly to the home’s usable square footage.

3. Is the lot size a pro or a con?
At 4,617 sqft, the lot is above average for Fulton Street but smaller than the citywide average. This is a trade-off: it requires less yard maintenance than a larger property, but may offer less privacy or space for extensive landscaping or additions.

4. The home is newer than many in Winnipeg. What are the implications?
A 1999 build date means major components like the roof, windows, and furnace are likely original or have been replaced on a predictable schedule. This can provide a period of reliability before these bigger-ticket items need attention, compared to a much older home.

5. How does this home compare within Dakota Crossing?
The data shows this home is generally around or above average for the Dakota Crossing area in key metrics like living area, assessed value, and year built. It represents a balanced, mid-range option within the neighbourhood rather than an outlier in size or value.