Property Overview
This 1948 one-and-a-half storey home at 496 Kavanagh Street in Dufresne presents a practical opportunity in Winnipeg’s market. Its key appeal lies in being a well-positioned, renovated starter home on a decent-sized lot. With 913 sqft of living space, it sits around the average for its immediate neighborhood and area, making it a comfortably sized home for individuals, couples, or small families. A significant feature is the renovated basement, which adds functional living space. The detached garage offers additional storage or workshop potential.
The home’s data reveals a thoughtful perspective: while its size is modest city-wide, it holds above-average standing in its local context for value, lot size, and newer build year. This suggests a property that is competitively positioned within its more established, mature neighborhood of Dufresne rather than the broader city. It would suit first-time buyers seeking a move-in-ready home with modernized basics, or investors looking for a renovated property with solid local fundamentals. The recent sale in March 2024 indicates a fresh, market-tested transaction.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home is competitively positioned within Dufresne. Its assessed value and lot size rank above average for the neighborhood, while its living area is typical. This indicates you’re getting a relatively newer home on a better-than-average lot for the area.
2. What does "renovated basement" typically mean here?
While specific finishes aren’t listed, a renovated basement in a home of this era usually means updated essentials like flooring, drywall, and lighting to create a clean, functional living or recreational space. It’s a significant value-add, providing extra square footage without the need for immediate work.
3. Is the detached garage a standard feature for homes here?
Not necessarily. Having a detached garage is a practical asset in this neighborhood, which features many older homes. It provides valuable off-street parking and storage, which can be a premium in mature communities.
4. The home sold recently. Why is that important?
The sale in March 2024 provides a clear, current market price benchmark. For buyers, this recent arms-length transaction offers a transparent reference point for value, unlike an older sale or an assessment which may not reflect today’s market.
5. Who might this property not suit?
Buyers needing extensive square footage, multiple bathrooms, or a brand-new build may find it limiting. Its appeal is geared toward those who value a renovated, low-maintenance base in an established neighborhood over maximum size or modern open-concept layouts.