Property Overview: 64 Queensbury Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 64 Queensbury Bay in Dakota Crossing presents a distinct value-oriented profile. Its key characteristic is a modest 906 sqft living area, which is notably compact compared to most homes on its street and in the neighborhood. This is balanced by a recently renovated basement and an average-sized lot of over 5,600 sqft. The home’s assessed value is significantly below local averages, yet it sits on a street where homes are generally newer, with this property itself being built in 1987.

The primary appeal lies in its position as an accessible entry point into a stable neighborhood. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with a solid foundation and outdoor space, where value may be found in the land and the potential to personalize the interior over time. A thoughtful perspective is that its smaller size and lower taxes could be seen as an advantage for those seeking a simpler, more efficient lifestyle without the upkeep of a larger home. Its appeal is practical rather than luxurious, ideal for someone comfortable with a project or who prioritizes financial flexibility over immediate move-in perfection.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the last sale price?
The assessed value ($37.8k) is for municipal tax purposes and is not an indicator of current market value. The home last sold for $320k in 2021. Market value is determined by recent sales of comparable properties, buyer demand, and condition.

2. How does the home’s smaller size impact daily living?
With 906 sqft of living space, efficient use of layout and storage is essential. The renovated basement adds crucial functional space. This size is manageable for individuals, couples, or a small family comfortable with cozy living quarters.

3. What does the "renovated basement" typically include?
While specifics should be verified with the listing agent, a renovated basement in a home of this era and style often means a finished living area, possibly with a bedroom, family room, or utility space. It significantly increases the home's usable square footage.

4. Is the detached garage a standard feature in the area?
Yes, detached garages are common for bi-level homes in Winnipeg neighborhoods like Dakota Crossing. It provides secure parking and additional storage.

5. The home ranks low for size but high for its year built on the street. What does this mean?
This indicates that while 64 Queensbury Bay is one of the newer houses on its block (built in 1987), it is also one of the smallest. This unique combination suggests a potentially different original build or layout compared to its neighbors, which may have been built around the same time but with larger floor plans.