Property Summary: 656 Dudley Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1913, presents a classic character home opportunity in the established Earl Grey neighbourhood. With 1,040 sqft of living space and a recently renovated basement, it offers a functional layout on a notably generous 4,054 sqft lot for the area—ranking in the top 15% locally for land size. Its assessed value of $300k positions it as an accessible entry point into the neighbourhood, especially when considering the lot's potential.
The appeal lies in its balance of historic charm and practical updates within a mature community. It suits first-time buyers or downsizers seeking a manageable home with outdoor space, and value-oriented investors or renovators who see potential in the sizable lot and the solid, renovated basement. A thoughtful perspective is that while the home's living area and age are average or below average for the city overall, it offers above-average lot dimensions for its immediate area—a valuable asset in a mature neighbourhood where land is often at a premium.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value and maintenance?
Built in 1913, the home is notably older than many in the city. This can mean charming character but also requires a diligent inspection for foundational integrity, wiring, and plumbing. The renovated basement is a significant modern update.
2. Is the assessed value a reliable indicator of the sale price?
The home last sold for $300k in March 2022, which matches its current assessed value. In a stable market, this can be a strong benchmark, but final sale price will depend on current conditions, the home’s condition, and buyer demand.
3. What does the lot size mean for a buyer?
At over 4,000 sqft, the lot is larger than 85% of those in Earl Grey. This provides more private outdoor space, garden potential, and future expansion possibilities (subject to zoning) than is typical for the neighbourhood.
4. How does this home compare to others on the same street?
The home is fairly typical for Dudley Avenue in terms of living space and assessed value. Its lot size is slightly above the street average, while its age makes it one of the older homes on the block.
5. What is the significance of the "one-and-three-quarter storey" design?
This classic Winnipeg design typically features a full main floor and a second floor with sloping ceilings where the roofline begins, creating cozy bedrooms with character. It maximizes space efficiently in a smaller footprint.