Property Overview: 59 Uppingham Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Dakota Crossing offers a practical and comfortable living space of 1,635 sqft, situated on a standard city lot. Its primary appeal lies in its strong, above-average positioning within the broader Winnipeg market. Built in 2005, it is a newer home compared to the city's overall housing stock, which typically means fewer major maintenance concerns in the near term. The home features a renovated basement and an attached garage.

The property’s value proposition is clear when looking at the data: it consistently ranks in the top tiers for assessed value and year built compared to homes across Winnipeg, while offering living space that is above the city average. This suggests a well-regarded property in a stable neighbourhood. It’s a home that doesn’t necessarily lead in any single extravagant category but presents a solid, balanced package.

This home would suit buyers looking for a move-in-ready property without the unpredictability of an older home. It’s ideal for small families, professionals, or downsizers seeking the space of a house with the benefits of a relatively recent build. A thoughtful perspective is that this property represents a "low-drama" ownership opportunity—its newer age and above-average assessments point to a sound investment that avoids the steep renovation curves or valuation pitfalls of more unique or older properties.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
On Uppingham Place, this home is among the newest (ranked 1 of 20 for year built) and has an above-average assessed value. Its living area is about average for the street, though the lot size is slightly smaller than the street's average.

2. What does the "above average" citywide ranking for assessed value indicate?
Ranking in the top 12% citywide for assessed value suggests the property is officially valued higher than 88% of Winnipeg homes. This often reflects a combination of the home's condition, the desirability of Dakota Crossing, and its newer construction date.

3. The home sold in 2017 for $42,500. Why is the assessed value now $55,300?
The 2017 sale price is a historical data point and likely does not reflect current market value. The assessed value is a 2024 valuation for municipal tax purposes, calculated using mass appraisal techniques and recent market trends, indicating significant appreciation since the last sale.

4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify with the seller and the city if they are interested in rental income potential, as renovations do not automatically confer legal suite status.

5. What are the potential drawbacks implied by the data?
While the home scores well on value and age, the lot size is around the city average. For buyers prioritizing extensive outdoor space or expansion potential, the lot may be a consideration. Additionally, as a home now nearly 20 years old, some original components (like the roof or HVAC) may be nearing their typical lifespan.