Property Overview: 95 Cotswold Place, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Dakota Crossing presents a compelling blend of modern convenience and established value. Built in 2017, it is a notably newer property compared to most homes in Winnipeg, offering contemporary construction standards and minimal immediate maintenance concerns. The home features 1,438 sqft of living space, a renovated basement, and an attached garage, situated on a standard 5,720 sqft lot.

Its primary appeal lies in its strong value proposition within a desirable neighbourhood. The assessed value of $560k ranks well above average for both Dakota Crossing and the city overall, suggesting a solid investment in a stable area. While the living space is modest for its immediate street, it is competitively sized citywide, making it an efficient layout for the right buyer. The renovated basement adds functional living space, a key asset.

This property would ideally suit downsizers or small families seeking a modern, single-level layout in a mature community. It also appeals to value-conscious buyers who prioritize a newer build with recent updates over maximum square footage, and who see the advantage of an above-average assessment in a neighbourhood context.

Section 2: Frequently Asked Questions

1. Is the living space sufficient for a growing family?
While the 1,438 sqft footprint is practical, it is below the average for Cotswold Place itself. The renovated basement significantly adds to usable space, making it best suited for a small family or those comfortable with efficient use of space.

2. How does the assessed value impact property taxes?
A higher assessed value typically leads to higher property taxes. While the $560k assessment indicates strong market value for the home and area, buyers should budget accordingly and can compare tax estimates with similarly assessed homes nearby.

3. What does the "newer build" status practically mean for me?
Built in 2017, the home is likely still within or just beyond many original component warranties (e.g., roof, major appliances). This can mean lower anticipated repair costs in the near term compared to an older home, but it's still wise to have a thorough inspection.

4. The home sold for $462,000 in 2020. Why is the assessed value now $560k?
The assessed value is determined by the city for taxation purposes and reflects market trends, not the past sale price. The increase indicates strong market appreciation in the area since 2020, which is a positive sign for equity.

5. How does this home compare to others on the street?
It ranks as one of the newest homes on the street but has a smaller living area than many of its neighbours. This can be an advantage for those seeking lower utility and maintenance costs, while still benefiting from the established street and location.