Property Overview: 947 Dowker Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1953, offering 1,037 sqft of living space on a 5,494 sqft lot in Crescent Park. Its key updated feature is a renovated basement, adding functional living space. The home lacks a garage or pool.
The primary appeal lies in its value positioning and move-in readiness. With a recently renovated basement and a below-average assessed value for the immediate area, it presents a practical entry point into the Crescent Park neighborhood. The lot size, while smaller than many in Crescent Park, is close to the Winnipeg citywide average, offering manageable outdoor space.
This property would best suit first-time buyers or downsizers seeking a single-level layout with modernized basics in an established neighborhood. It’s a pragmatic choice for those who prioritize location and a updated interior over square footage or premium lot size. A thoughtful perspective is that its older construction date (1953) actually ranks above average for its specific street, suggesting it fits the character of a mature, stable block.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to the neighborhood?
At 1,037 sqft, the living area is below the average for both Dowker Avenue and the broader Crescent Park area, but is close to the Winnipeg citywide average. It’s a cozier, efficiently sized home.
2. What does the assessed value indicate?
The assessed value is below average for the street and Crescent Park, but is near the median (50th percentile) citywide. This often suggests the home is a more affordable option within its desirable local area.
3. Is the lot size typical?
The lot is about average for the street but is smaller than most in Crescent Park. It offers a manageable yard without extensive maintenance.
4. The home was last sold in February 2022. What does that mean?
The sale two years ago indicates a relatively recent turnover. Buyers should inquire about the nature and quality of the basement renovation completed since that purchase.
5. Who are the most likely neighbors or comparable buyers?
Given the size and assessed value, likely neighbors include other first-home buyers, practical downsizers, and value-oriented investors. The similar assessed properties listed are in adjacent areas like Elmhurst, indicating a cross-neighborhood appeal for budget-conscious buyers.