Property Overview: 106-701 St. Anne's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 984 sqft condo unit in the Dakota Crossing neighbourhood, built in 2011. Its key appeal lies in being a relatively modern property within its immediate area, as it is newer than most comparable homes on St. Anne's Road. The living space is compact but efficiently sized, ranking around the city-wide average, which suggests a practical layout without excessive upkeep. The assessed value is consistently average against local and city benchmarks, indicating a stable, mid-market investment without dramatic premium or discount.
The property would suit first-time buyers or downsizers seeking a low-maintenance home in a well-established area, with the advantage of modern building standards (like 2011 construction) potentially meaning fewer immediate repair concerns. It also appeals to value-focused investors or buyers who prioritize factual, median-market positioning over speculative "hot" properties, as its recent sale history shows steady, gradual appreciation.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it is a median-value proposition. Its assessed value is consistently around the 50th percentile when compared to similar properties on its street, in Dakota Crossing, and across Winnipeg. You are paying for a stable, average market price.
2. How does its size compare to other condos?
At 984 sqft, it is below the average size for similar units on St. Anne's Road and in Dakota Crossing, but very close to the city-wide average. This indicates a efficiently sized unit that is typical for Winnipeg overall, but slightly more compact within its immediate neighbourhood.
3. What does the 2011 build year mean for me?
A 2011 construction is a significant advantage on this specific street, where comparable homes average a 1998 build year. This likely means more modern building materials, systems, and potentially better energy efficiency than many direct neighbours, possibly reducing near-term replacement costs.
4. What can the sale history tell us?
The unit has sold three times in recent years (2017, 2020, 2023), each time at a price point ranking in the middle tier of the market. This shows consistent, moderate demand without extreme price volatility, which can be reassuring for buyers seeking a predictable market entry.
5. Who are the direct neighbours?
The listing shows several units within the same complex (101-105 701 St. Anne's Road). This is a tightly grouped condo community, so the experience will be heavily influenced by the strata corporation's management, bylaws, and reserve fund health, which due diligence should investigate.