Property Summary: 75 Guernsey Lane, Dakota Crossing, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2016, offers a modern foundation in the established Dakota Crossing neighbourhood. Its key appeal lies in its balance of contemporary age and above-average space. With 1,824 sqft of living area, it provides more room than most Winnipeg homes and sits above average for its immediate area. The attached garage and full (though unrenovated) basement add practical utility.

The home’s standout characteristic is its age; it is newer than approximately 94% of homes in Dakota Crossing and citywide, suggesting modern building standards and less immediate need for major system updates. Interestingly, its assessed value is notably lower than the street average, which may present a value opportunity in a newer home, though it warrants investigation into the reasons. The lot size is modest for the street but typical for the broader area, favoring lower maintenance over expansive outdoor space.

This property would suit buyers seeking a move-in ready, modern home in a mature suburban neighbourhood, who prioritize interior space and contemporary construction over a large yard. It’s also a practical fit for those who value the potential of a blank-canvas basement for future customization.

Frequently Asked Questions

1. Why is the assessed value below the street average despite the home being newer?
This can occur due to a variety of factors, including specific market adjustments, the home’s interior condition relative to neighbours, or the timing of the assessment. It’s a point for discussion with a real estate agent to understand the local market context.

2. What does “basement, not renovated” imply?
It indicates the basement is finished but with original, builder-grade materials from 2016. It’s functional and livable but may not have higher-end finishes or custom layouts. This can be a positive for buyers wanting to personalize the space later.

3. How does the home’s size compare practically?
At 1,824 sqft, it is larger than the typical Winnipeg home (~1,342 sqft). This translates to more comfortable living space for a family, likely including multiple bedrooms and bathrooms on the upper floor and adequate common areas.

4. Is the property in a flood zone or area with known issues?
This information is not provided in the basic details. A buyer or their agent must consult specific municipal flood maps and conduct due diligence regarding lot grading and foundation history, which is standard for any home purchase.

5. What are the typical property taxes for this assessed value?
Property taxes are calculated by applying the City of Winnipeg’s annual mill rate to the assessed value. With an assessed value of $53.60k, the taxes would be estimated by multiplying this value by the current residential mill rate (available on the city’s website), providing a good baseline for annual costs.