Key Characteristics & Appeal

This property offers a solid 1,805 square feet of living space, placing it comfortably ahead of many homes in the Dakota Crossing area and well above the city-wide median for Winnipeg. The home was built in 2005, putting it among the newer quarter of homes on the same street and within the top 15% citywide for construction year.

The land measures 5,650 square feet—generous for the neighbourhood and ahead of most comparable properties in Dakota Crossing, though the lot is on the smaller side relative to others on its specific street. The assessed value sits at $553,000, which is strong for the area and ranks in the top 12% across Winnipeg, suggesting good appreciation and demand.

This property would particularly suit buyers who want a newer, well-sized home in a stable suburban area without going to the outer edges of the city. The balance of living space and lot size makes it practical for families who value both indoor room and outdoor space, but don’t need an oversized yard. The location in Dakota Crossing offers access to schools, shopping, and transit, while remaining quieter than more central neighbourhoods. It’s less suited for buyers seeking a fixer-upper with character or those wanting maximum lot size for gardening or expansion.

Five Possible FAQs

1. How does the living space compare to other homes in the area?
This home is larger than roughly three-quarters of the homes in Dakota Crossing and about 83% of homes across Winnipeg. It’s slightly under the average size for homes on the same street, but that street has some especially large properties, so it’s not unusual.

2. Is the assessed value a reliable guide to market price?
Assessed value is one indicator, but it’s based on market conditions as of a specific date and doesn’t account for recent upgrades, cosmetic condition, or buyer competition. It’s useful for tax purposes and general benchmarking, but you’ll want an agent’s market analysis for a realistic sale price.

3. Why is the lot ranked lower on its own street but higher across the neighbourhood?
Lyonsgate Cove has some very large lots—likely on corner or premium locations—so average lot size is high. Compared to the broader Dakota Crossing area, this lot is well above average, meaning most neighbouring homes outside this immediate street have smaller yards.

4. Does a 2005 build mean anything specific in terms of quality or maintenance?
Homes from the mid-2000s typically have modern construction standards, energy-efficient windows, and updated electrical panels. They’re also old enough that any initial settling or early maintenance items (roof, furnace, water heater) may be approaching the 20-year mark, so it’s wise to check those during your inspection.

5. Which parts of the ranking should I pay most attention to?
The neighbourhood-level comparisons (Dakota Crossing) are often the most useful, since they show how the property stacks up against others you’d likely consider. City-wide rankings are interesting but less relevant unless you’re coming from another part of Winnipeg. Street-level rankings can be skewed by a few very large or very new homes nearby.