Property Overview: 664 Dudley Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey character home built in 1910, situated on a standard city lot in the established Earl Grey neighbourhood. Its primary appeal lies in its renovated basement, which adds functional living space to the 776 sqft main floor, and its position within a desirable, central community. The home presents a practical, lower-maintenance footprint.
The property suits specific buyer profiles well. It’s an ideal starter home for a single person or couple seeking an entry point into a sought-after area without the scale or upkeep of a larger house. It could also appeal to a downsizer looking to rightsize into a manageable property in a mature neighbourhood. Investors may see value in its relatively average assessed value for the area and its potential as a rental property. A thoughtful perspective is that this home offers the character and location of Earl Grey without the premium price tag of its larger, renovated counterparts, representing a trade-off between space and location.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 776 sqft above grade, the living area is below average for the street, area, and city. However, the renovated basement significantly expands the usable space, making the overall footprint more practical for one or two people.
2. What does the "below average" ranking for Year Built mean?
Built in 1910, the home is older than most in Winnipeg. This typically indicates classic construction and character but also suggests buyers should pay close attention to the condition of major aging components (like plumbing, electrical, and the foundation) during inspections.
3. How does the assessed value compare?
The home’s assessed value is around average for Dudley Avenue and Earl Grey but below the city-wide average. This generally reflects its smaller size and age within its desirable location, potentially offering a more affordable price point in the neighbourhood.
4. What is the potential for expansion or renovation?
The lot size is below average for the area, which may limit possibilities for large horizontal additions. However, the existing renovated basement adds value, and strategic updates to the main floor could modernize the living space.
5. Are comparable sold prices available?
The home last sold in October 2021. A nearby reference property at 691 Dudley Avenue (built 2016, 836 sqft) has a higher assessed value, highlighting the price premium for newer, similarly sized homes on the same street. This contrast underscores the value proposition of an older, character home.