Property Overview: 79 Cotswold Place, Winnipeg
Key Characteristics & Appeal
This two-storey home in Dakota Crossing presents a compelling blend of modern living and generous outdoor space. Built in 2016, it offers the advantages of a relatively new construction, including likely modern building standards and systems, without being a brand-new build. Its primary appeal lies in its significant scale: with over 2,100 sqft of living area, it stands well above average for both the neighborhood and the wider city, offering ample room for families.
The most distinctive feature is the land itself. The lot size of approximately 12,100 sqft is exceptional, ranking in the top tier for the area. This provides rare potential for privacy, gardening, recreation, or future expansion in a city setting. While the basement exists, it is noted as not being renovated, presenting a clean slate for customization.
Financially, the home carries an assessed value that places it above average in its peer groups. It would suit buyers looking for a move-in ready, spacious family home who also value a large yard. It’s particularly ideal for those who see the unfinished basement and substantial lot not as drawbacks, but as valuable opportunities to add their own touch and increase the property’s long-term utility and value.
Frequently Asked Questions
1. How does this home compare to others in Dakota Crossing?
The home is above average in nearly every metric for the neighborhood. It has significantly more living space and a much larger lot than typical area homes, while its 2016 build date makes it newer than approximately 96% of properties in Dakota Crossing.
2. What does "basement yes, not renovated" imply?
It confirms the house has a full basement, but it is in an unfinished or builder-basic state. This is a key consideration for buyers who want immediate finished living space versus those who see value in customizing the lower level to their own needs and taste.
3. The lot size is highlighted as a top feature. What are the practical benefits?
Beyond simple yard space, a lot of this size (over a quarter-acre) in a developed area offers uncommon potential for additions like a large deck, shed, or play structure without sacrificing green space. It also provides greater distance from neighbors, enhancing privacy.
4. The home sold in 2022. What can that sale price tell me?
The 2022 sale price provides a recent market benchmark, but it is not a direct indicator of current value. Market conditions, interest rates, and property improvements since that date all influence today’s value. It is a useful data point for understanding historical price movement in the area.
5. Is the assessed value the same as the market value?
Not necessarily. The assessed value is used for calculating property taxes and is based on a municipal valuation. The market value is what a buyer is willing to pay in the current real estate market. The two figures can differ, so the assessment is best used as one factor in understanding the property’s standing relative to others.