Property Summary: 2-1060 Dakota Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, modernity, and value within its context. Its primary strength is being a significantly newer construction (built in 2000) compared to most homes on its street and in its immediate neighborhood, ranking in the top 1% and 6% respectively for year built. This suggests updated building systems and less immediate need for major renovations.
The living area of 1,279 sqft is notably above average for Dakota Street and citywide, offering more space than many comparable homes. The assessed value sits above the street average but is around the middle range for the broader neighborhood and city, indicating you are paying a premium for the newer build and larger size, but within a reasonable market bracket.
This property would ideally suit practical buyers who prioritize a move-in ready, modern home without sacrificing square footage. It’s for someone who values being on a street with newer infrastructure over being in the newest subdivision, and who appreciates a home that stands out in age and size among its direct neighbors while still offering value relative to the wider city.
Frequently Asked Questions
1. What does the "Elite" ranking for year built actually mean?
It means this home is the newest among the 76 comparable properties analyzed on Dakota Street. On a street where the average home was built around 1990, this 2000 build is a clear outlier, suggesting more contemporary construction standards and materials.
2. The assessed value is above the street average but only "around average" citywide. Is that good?
This is a key point. It indicates the home is a higher-tier property on its specific street, justifying its price there. The citywide average comparison shows that while you’re paying a premium for this street, the price per square foot and overall value still align with the broader Winnipeg market for similar homes, offering a balanced position.
3. The living space is larger than average, but how does the lot size compare?
The provided data focuses on living area. To fully understand the property’s footprint and outdoor space, you would need to investigate the lot size separately via the neighborhood analysis page or listing details, as this can significantly impact value and utility.
4. Who might this home not suit as well?
Buyers seeking a historic character home or those whose priority is being in the absolute newest area of the city might look elsewhere. This home’s appeal is in its relative modernity within an established, older-street context.
5. The neighborhood ranking for living area is "around average." Should I be concerned?
Not necessarily. This metric compares it to a specific group of 16 homes in the "Vista" neighborhood. It means that while this home is spacious for its street and the city, there are other pockets in the broader neighborhood with similarly large or larger homes, providing a more nuanced picture of the area's housing stock.