Property Overview
This one-storey home on Dudley Avenue in Earl Grey presents a straightforward, entry-level opportunity in a well-regarded neighbourhood. Built in 1912, its 720 sqft of living space and 2,533 sqft lot are notably compact, placing it in the smaller tier of homes locally and city-wide. The property features a basement and no garage. Its assessed value is significantly below area averages, reflecting its modest scale and unrenovated condition. The home last sold in 2020.
Key Characteristics & Appeal
The primary appeal of this property lies in its position within the established Earl Grey neighbourhood at a very accessible price point. It suits first-time buyers, investors, or downsizers seeking a lower-cost foothold in a central area, with the understanding that it is a compact, century-old home likely requiring updates. Its small scale could be a practical fit for a minimalist lifestyle or a lock-and-leave scenario. A thoughtful perspective is that its below-average metrics on size and value are precisely what create its affordability in an otherwise premium area, offering potential not in immediate luxury but in long-term location value and the possibility of gradual improvement.
Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It means this home is smaller, on a smaller lot, and has a lower assessed value than most homes on its street, in Earl Grey, and across Winnipeg. This isn't necessarily negative; it directly correlates with its lower price, making the neighbourhood accessible.
2. Is the basement finished?
The listing specifies the basement exists but is "not renovated," indicating it is likely in a rough, unfinished state suitable for storage or utilities, not living space.
3. What are the implications of the home being built in 1912?
Buyers should budget for and inspect the aging core systems (like plumbing, wiring, and the foundation) common to homes of this era. While it offers classic character, maintenance and potential updates are key considerations.
4. There are no garage or pool mentions. What should I assume?
The listing explicitly states "PoolNo" and "GarageNone," so the property does not include these features. On-street parking is likely the expectation.
5. The assessed value seems very low compared to the city-wide average. Why?
The city-wide average includes all property types and sizes. This home's assessed value is low primarily due to its very small square footage and unrenovated condition compared to the typical Winnipeg home, not necessarily its location.