Property Overview & Key Characteristics
71 Cotswold Place is a substantial two-storey home in the Dakota Crossing neighbourhood, distinguished by its generous proportions and premium lot. Built in 2016, the home offers 2,529 sqft of living space and sits on a large 13,809 sqft lot, placing it in the top tier of homes locally and city-wide for both size and land area. Key features include a renovated basement, an attached garage, and a private pool.
The appeal lies in acquiring a modern, low-maintenance home without sacrificing space. While newer builds often come with smaller lots, this property offers a rare combination of a contemporary home and expansive outdoor privacy. Its assessed value ranks highly, suggesting a premium, stable investment in a desirable area.
This home is ideally suited for growing families or multi-generational households seeking ample indoor and outdoor space in a modern property. It would also appeal to buyers looking for a turnkey home with recreational amenities like a pool, who value both community standing and long-term property value growth.
Frequently Asked Questions
1. How does the property’s value compare to its last sale price?
The home sold for $514,000 in May 2016. Its current assessed value is $803,000. This significant increase reflects market appreciation and the added value of subsequent renovations, such as the basement upgrade.
2. What does the "Elite" ranking mean for the land area?
The lot size of 13,809 sqft ranks in the top 4% on its street and top 1% in Dakota Crossing. This means it offers considerably more yard space than most comparable properties, providing exceptional privacy and potential for outdoor living.
3. Is the pool a seasonal or year-round feature?
Given Winnipeg's climate, the pool is almost certainly a seasonal, outdoor amenity. Buyers should factor in standard maintenance, winterization, and operational costs for the summer months.
4. The home is "around average" for year built on its street. Is that a concern?
Not at all. This simply means the street is consistently modern, with most homes built around the same 2016 period. It indicates a uniform, contemporary streetscape and suggests lower likelihood of major age-related issues compared to older neighbourhoods.
5. Who might this property not be suitable for?
First-time buyers or those seeking a low-maintenance lifestyle without yard work may find the large lot and pool upkeep demanding. Additionally, buyers with a strict budget near the average area price may find this premium property exceeds it.