Property Overview
This single-storey home at 18 Satinwood Place in Dakota Crossing is a practical and well-situated property. Built in 1988, it features 1,074 square feet of living space and a renovated basement, sitting on a 4,304 sqft lot. It does not have a garage or pool. The home last sold in August 2020 for $320,000 and currently holds an assessed value of $39,400.
Key Characteristics & Appeal
The primary appeal of this home lies in its efficient size and established neighborhood context. With a living area that is above average for its immediate street but below average for the wider Dakota Crossing area, it represents a manageable footprint—ideal for small families, first-time buyers, or downsizers seeking single-level living without excessive space to maintain. The renovated basement adds valuable flexible space.
Its value proposition is nuanced. The assessed value is modest relative to many city-wide properties, potentially indicating a lower tax burden. A thoughtful perspective is that while the lot size is below the neighborhood average, it still offers decent outdoor space without the upkeep demands of a larger yard. This property would best suit value-conscious buyers looking for an updated, move-in-ready home in a mature community, who prioritize practical living space over premium lot size or recent construction.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,074 sqft, the living area is larger than the average home on Satinwood Place (~1,014 sqft) but smaller than the typical Dakota Crossing home (~1,483 sqft).
2. What is the significance of the assessed value being $39.40k?
This is the value for municipal tax purposes. It is around average for the street and city but below average for the Dakota Crossing area, which may result in relatively lower property taxes compared to some neighbors.
3. Is the 1988 build date a concern?
The home is 38 years old, which is newer than the Winnipeg city-wide average. It is typical for its street but older than many homes in Dakota Crossing. A renovated basement suggests some updates have been made.
4. Are there any obvious missing features?
The listing confirms the home has no garage or swimming pool. Buyers would need to consider parking and storage arrangements.
5. How does the 2020 sale price relate to current value?
The home sold for $320,000 in August 2020. Market conditions have changed since then, so a current market valuation would be necessary to determine today's value.