Property Overview & Key Characteristics

This is a modern, high-end condominium in the Dakota Crossing neighborhood. Its primary appeal lies in its exceptional size and new construction, setting it apart from most properties on the market. At over 2,000 square feet with a renovated basement, it offers the space of a large single-family home in a low-maintenance condo format. Built in 2021, it is among the newest homes in its area, minimizing immediate repair concerns.

The property’s standout feature is its elite market position. It ranks in the top 1-2% city-wide for both living area and assessed value, meaning it is significantly larger and more valuable than over 99% of comparable Winnipeg homes. This isn't just a nice property; it's a statistical outlier. Its last sale was in late 2022 for $1.16M, well above its current $1M assessed value, indicating a history of premium valuation.

This home would best suit buyers who prioritize space and modern amenities but want to avoid the upkeep of a house. It’s ideal for empty-nesters seeking to downsize from a larger property without sacrificing room, or for professionals desiring a turnkey, high-quality residence. It appeals to those who value concrete, data-backed superiority in their investment—not just curb appeal.

Frequently Asked Questions

1. What does the "Elite" ranking actually mean?
It means this property outperforms nearly all its peers in specific metrics. For example, it is larger than 99% of homes city-wide and is more valuable than 99% of them. These aren't subjective labels but statistical rankings based on public data.

2. Is the $1M assessed value the listing price?
No, the assessed value is for municipal tax purposes. The last recorded sale price in October 2022 was $1.16M. Any listing price would be set by the seller, informed by these historical and assessed values.

3. What are the condo fees and what do they cover?
This information is not provided in the available data. A buyer must request the condo corporation's financial statements, bylaws, and fee schedule to understand monthly costs and what amenities or services (like landscaping, snow removal, building insurance) are included.

4. Why is there such a big difference between the street, area, and city-wide comparison averages?
The averages reflect the character of different comparison pools. The "same street" average is based on a very small, specific group of neighboring properties. The "Dakota Crossing" and "city-wide" averages include broader, more diverse sets of homes, showing that this property is exceptionally large and valuable in any context.

5. The home sold recently in 2022. Does that indicate a quick turnaround?
Not necessarily. While it suggests the current owner hasn't been there long, the reason for the sale is unknown. It could relate to personal circumstances. The more notable point is that it commanded a premium price in the recent past, establishing a strong value precedent.