Property Overview: 102-701 St. Anne's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 984 sqft condo unit in the Dakota Crossing neighborhood, built in 2011. Its key appeal lies in being a relatively modern property within its immediate area, as it is newer than 86% of comparable homes on St. Anne's Road. The living space is compact but efficiently sized, ranking around the city-wide average. With a recently sold price and assessed value both consistently in the mid-$250,000s, it presents a financially stable and predictable entry point into the Winnipeg market.
The property would suit first-time buyers or downsizers seeking a low-maintenance, modern condo without a premium price tag for new construction. Its value is grounded more in its contemporary build year and stable financial metrics than in square footage or luxury finishes. A thoughtful perspective is that it offers a balance: you’re acquiring a newer asset in a well-established area, which can mean fewer immediate repair concerns compared to older stock, but within a community that has matured infrastructure.
Section 2: Frequently Asked Questions
1. How does this condo's size compare to others?
At 984 sqft, it is below the average size for similar properties on St. Anne's Road and in Dakota Crossing, but it is very close to the city-wide average for comparable homes. It represents a efficient, mid-sized floor plan.
2. Is this a good value for the area?
The assessed value and recent sale price are consistently around the average for the street, neighborhood, and city. This suggests the property is priced in line with the market, offering a fair, middle-of-the-road value rather than being a standout bargain or overpriced.
3. What does the build year (2011) mean for a buyer?
A 2011 build is a significant advantage on this specific street, where the average comparable home was built around 1998. It indicates a newer building with likely modern systems, codes, and materials, potentially reducing near-term capital repair costs.
4. What is the property's financial history?
The home sold recently in December 2024 for $279,000. Prior to that, it sold in November 2017 for $255,000. This shows a steady, modest appreciation over a seven-year period.
5. What is the immediate neighborhood like?
The listing shows several adjacent units at the same address (101-701 through 106-701 St. Anne's Road), indicating this is a condo complex or cluster. This offers a sense of community but also means shared walls and common areas.