Property Overview: 3 Sachet Place, Winnipeg

Section 1: Key Characteristics & Appeal

This 1986, three-level split home in Dakota Crossing presents a practical opportunity. With 1,044 sqft of living space and a renovated basement, it offers functional living on a notably generous 6,541 sqft lot—larger than most in the neighbourhood. Its assessed value is modest compared to the immediate area, which may indicate room for value growth or simply a more accessible entry point. The attached garage adds everyday convenience.

The primary appeal lies in its balance of a substantial, usable yard and a home that is mechanically younger than many across Winnipeg, having been built in the mid-80s. It suits first-time buyers seeking space to grow into, or value-focused investors looking for a property where the land share of the value is significant. It’s a home for those who prioritize outdoor space and a solid foundation over modern square footage or high-end finishes, understanding that its interior size is compact relative to the lot.

Section 2: Frequently Asked Questions

1. How does the home’s value compare to the area?
The assessed value is below the average for both the street and the wider Dakota Crossing area, but aligns more closely with the Winnipeg city-wide average. This suggests the property is priced accessibly within its immediate community.

2. Is the lot size a standout feature?
Yes. The land area ranks in the top 14% for Dakota Crossing, meaning the lot is significantly larger than most in the neighbourhood. This is a key asset for privacy, gardening, or future expansion.

3. What does the "below average" living area ranking mean for daily life?
With 1,044 sqft, the home’s living space is more compact than most on the street and in the area. The three-level split design can help zone living areas, but buyers should be prepared for efficient use of space rather than open, sprawling rooms.

4. The home was last sold in 2019. What should I consider?
The 2019 sale price was $33.5k. The current assessed value of $43.3k reflects market changes since then. It’s important to have a current market evaluation to understand today’s fair market value, which can differ from the assessed value used for property taxes.

5. What are the less obvious points to consider?
Consider the home’s age (40 years) in the context of its major systems, like roof and HVAC, which may be due for updates. Also, while the basement is renovated, verifying the quality and permits of that work is wise. Finally, the large lot is an advantage, but also means more maintenance responsibility.