483 Giroux Street

Property Overview: 483 Giroux Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Dufresne presents a practical and straightforward opportunity. Its key characteristic is balance: with 780 sqft of living space and a renovated basement, it offers functional space for its size. The detached garage and a land area of 4,567 sqft are notable assets, providing above-average outdoor space and parking flexibility for the immediate area.

The appeal lies in its position as a manageable, no-fuss property. It suits first-time buyers seeking an entry point into the market without a massive renovation project, or downsizers looking for a single-level layout with a manageable yard. The home’s assessed value is notably above average for Dufresne, suggesting it may be in better condition or have more desirable features than many neighborhood comparables. A thoughtful perspective is that while the living space is compact city-wide, its efficient layout combined with the generous lot size offers a classic Winnipeg trade-off: modest interior space compensated by valuable outdoor potential.

Section 2: Frequently Asked Questions

1. Is the house small compared to others in the area?
Yes, at 780 sqft, the living area is below the Dufresne average. However, its assessed value ranks above average locally, which often indicates updates, condition, or specific features that add value beyond pure square footage.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific scope (e.g., finished living space, modernized utilities) is not detailed. A professional inspection is recommended to understand the quality and extent of the renovations.

3. How does the lot size compare?
The land area is a strong point. At over 4,500 sqft, it is above average for both Giroux Street and the wider Dufresne area, offering more private outdoor space than many neighboring properties.

4. The home was built in 1948. Should I be concerned?
The age is typical for the neighborhood. While the renovated basement is a positive, the core systems (roof, wiring, plumbing) of a home this age should be carefully evaluated during the inspection process.

5. Why is the city-wide assessed value comparison so different?
The assessed value is for municipal tax purposes. The dramatic difference city-wide (ranking in the 78th percentile) reflects Winnipeg’s diverse housing market, where this home’s value is modest compared to newer or larger homes in other areas, but is positioned strongly within its own established neighborhood context.