Property Overview: 841 Dufferin Avenue, Winnipeg
Key Characteristics & Appeal
This is a classic one-and-three-quarter storey home built in 1906, offering a grounded opportunity in Winnipeg's Dufferin neighbourhood. With just over 1,000 square feet of living space and a 3,678 sqft lot, its metrics are consistently average for its immediate street and area, suggesting it fits seamlessly into the local fabric rather than standing out. The home features a detached garage and an unrenovated basement, presenting a straightforward canvas.
Its primary appeal lies in its established location and relative affordability, as indicated by its assessed value being significantly below the citywide average. This isn't a modern, expansive property, but a pragmatic entry point. It would suit a first-time buyer comfortable with a home that has character and may require updates, or an investor looking for a rental property in a long-standing neighbourhood. A thoughtful perspective is that its "average" standing locally can be a strength—it avoids the premium of a top-tier street while offering the stability of a typical Dufferin Avenue property, potentially providing a balance of accessibility and community consistency.
Frequently Asked Questions
1. Is this a move-in ready home?
The listing notes the basement is "not renovated," so while the main living areas may be functional, buyers should budget for potential updates or repairs, especially given the home's age.
2. How does the assessed value relate to the likely sale price?
The assessed value is $11,800, but a nearby property sold for $16,800 in 2022. Sale prices are determined by the market and can differ significantly from the assessed value for taxation purposes.
3. What does the "average" ranking for lot size mean?
The land area is slightly below the average for Dufferin Avenue but is not unusually small for the area. It provides a typical urban yard space for the neighbourhood.
4. Are older homes like this expensive to maintain?
Built in 1906, this home will likely have higher maintenance considerations than a newer build. Prospective buyers should factor in potential costs for updating older systems like plumbing, wiring, or windows.
5. How does this home compare to the wider Winnipeg market?
Citywide data shows this property is below average in size, lot size, and assessed value compared to the typical Winnipeg home. This highlights its position as a more affordable option within the city.