Property Overview & Key Characteristics

This two-storey home in Dakota Crossing is defined by its generous, established lot and well-proportioned living space. Built in 1989, the property sits on a large 12,595 sqft parcel of land, placing it in the top tier for lot size within its neighbourhood and across Winnipeg. With 2,036 sqft of living area, the home offers ample room, ranking highly for space compared to most area homes. It features an attached garage and a basement that is functional but not renovated.

The primary appeal lies in its land value and space. The lot size is a significant asset, offering rare potential for expansion, gardening, or outdoor recreation in a city setting. It suits buyers looking for a solid, spacious family home in a mature neighbourhood who value the long-term potential of a large property over a move-in-ready, modernized finish. It’s particularly well-matched for those comfortable with a home of this era, seeing the unrenovated basement and 1989 build date not as drawbacks, but as a blank canvas for personalization and future equity building through strategic updates.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $50.50k is for municipal tax purposes and is typically far below market value. The selling price will be determined by current market conditions, recent sales of comparable homes, and the unique features of this property, especially its large lot.

2. What does the "not renovated" basement condition imply?
It indicates the basement is functional and intact but retains its original 1989-era finishes and amenities. A buyer should budget for potential updates to suit modern tastes and should consider a thorough inspection to assess the condition of foundational elements, insulation, and mechanical systems.

3. The home is older than many in the area. What should I consider?
While the building year (1989) ranks lower than newer builds, homes from this period are often solidly constructed. Key considerations will be the age and condition of major systems like the roof, windows, furnace, and plumbing, which may be nearing or past their typical lifespan.

4. The lot is exceptionally large. What are the advantages and responsibilities?
The large lot provides privacy, space for additions like a deck or workshop, and gardening potential. It also means higher maintenance (more lawn to mow, more landscaping) and potentially higher water costs for irrigation, which should be factored into the annual cost of ownership.

5. How does this property compare to the nearby "Worth viewing" listings?
The comparable listings show that this home offers a competitive living area. Its standout feature is its significantly larger lot size compared to most, while its assessed value is in a similar range. This suggests you are acquiring a premium land parcel, which is a less obvious but valuable form of equity.