Property Overview: 107 Compark Road, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Dakota Crossing is a practical and comfortable property built in 2000. With 1,112 sqft of living space and a renovated basement, it offers modern, single-level living. The home sits on a 5,441 sqft lot, which is notably spacious for its immediate street and provides good outdoor potential.
Its primary appeal lies in its balance and efficiency. The living area is above average for the street, while its city-wide rankings show a property that is competitively sized and newer than many Winnipeg homes. The recently renovated basement adds valuable finished space. A thoughtful perspective is that this home represents a "sweet spot" – it's newer than most in the city, avoiding the major maintenance concerns of older builds, yet it's established within a mature neighbourhood. The lack of a garage may be offset by the larger lot, which presents an opportunity for future addition or landscaping.
This property would ideally suit first-time homebuyers, downsizers looking for single-level living without sacrificing space, or pragmatic investors seeking a modern, low-maintenance rental property in a stable neighbourhood.
Frequently Asked Questions
1. How does the assessed value relate to the likely sale price?
The home's assessed value is $43,500, but it last sold for $460,000 in April 2022. The assessed value is for municipal tax purposes and is typically much lower than market value. The previous sale price is a more relevant benchmark, though market conditions have shifted since then.
2. Is the lack of a garage a significant drawback?
This depends on the buyer's needs. The property does not include a garage, but the lot size is generous for the area. This could allow for the construction of a garage or a sizable shed, subject to local bylaws and permits.
3. What does "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify the finishes. A viewing is essential to confirm the quality of the renovation, ceiling height, window size, and whether it includes a bathroom or kitchenette.
4. How does this home compare to others in Dakota Crossing?
The data shows this home is newer than about two-thirds of homes in the wider Dakota Crossing area. Its living space is below the neighbourhood average, but its lot size is fairly typical for the area, suggesting a good balance between house and yard.
5. Are properties on this street similar?
Yes. With only four comparable homes on Compark Road, this property ranks at or near the top for size, newness, and lot area. This indicates it is one of the more substantial and modern homes on the street itself.