Property Overview: 95 Cedarcroft Place, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Dakota Crossing presents a compelling blend of space, modernity, and value. Built in 2004, it is notably newer than most homes in Winnipeg, offering contemporary construction and likely fewer major maintenance concerns in the near term. With 1,734 sqft of living space, it provides ample room, ranking above average for both the neighbourhood and the wider city. A key feature is the renovated basement, adding functional living area. The property includes an attached garage and sits on a standard-sized lot.

The appeal lies in its strong positional value. Its assessed value places it in the top tiers for its street, neighbourhood, and city, suggesting a solid investment in a desirable area. It suits buyers seeking a move-in ready, modern family home without the premium of a brand-new build. It would particularly resonate with practical buyers who value data-backed metrics—seeing that the home outperforms most peers in assessed value and age is a strong, less emotional draw. It’s also ideal for those who appreciate a finished basement for extra living space, a home office, or a recreational room.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $57,100 is for municipal tax purposes. While it indicates the home is valued highly compared to peers, the actual market sale price is determined by current conditions. The home last sold in 2016 for $42,400, but market dynamics have shifted since then.

2. What does "above average" for living area actually mean for daily life?
With living area ranking in the top 28% in Dakota Crossing, the home offers more interior space than most in the immediate area. This translates to more comfortable common areas, larger bedrooms, or additional flex spaces compared to many neighbouring properties.

3. The home is newer than most in the city. What are the practical benefits?
A 2004 build typically means modern wiring, plumbing, insulation standards, and window efficiency. This can lead to lower utility costs and reduced likelihood of costly, immediate updates (like a roof or furnace replacement) compared to an older home.

4. Is the lot size a limitation?
At just over 5,000 sqft, the lot is average for the street and city. It provides standard backyard space for gardening or recreation but may not suit those seeking extensive grounds. The trade-off is a newer, larger home on a efficiently sized property.

5. What is the context of the "renovated basement"?
While noted as renovated, specifics on the finish quality, permits, and the nature of the renovation (e.g., legal suite, recreational room, additional bedroom) are not provided. This would be a key point for further inquiry with the listing agent to understand its value and functionality.