Property Overview
873 Dudley Avenue is a compact, one-storey home in Winnipeg's Earl Grey neighbourhood. Built in 1942, its primary appeal lies in its efficient, renovated basement and its position on a desirable street where the home's assessed value holds steady against area averages. At 636 sq ft, the living space is notably smaller than most local and city-wide comparables, making it a specific type of opportunity.
Key Characteristics & Suitability
The home's key characteristic is its modest scale on a standard city lot. Its appeal is grounded in value and location rather than size. It sits on a street where homes are generally older and smaller, yet it maintains an assessed value that is competitive within that context. The recently renovated basement adds functional living space, a significant asset given the smaller main floor footprint.
This property would best suit a minimalist buyer, a first-time purchaser comfortable with a cozy layout, or an investor looking for a manageable rental property in a stable, established neighbourhood. Its below-average size translates to lower utility costs and less maintenance, which can be a deliberate lifestyle choice. A thoughtful perspective is that this home represents an entry point into a well-regarded area without the premium typically attached to larger houses on the same street, offering location benefits while requiring a creative approach to space utilization.
Frequently Asked Questions
1. Is the 636 sq ft measurement for the entire home?
The 636 sq ft refers to the above-grade living area. The home includes a renovated basement, which provides additional functional space not reflected in that primary square footage figure.
2. How does the assessed value compare to recent sale prices?
The current assessed value is consistent with the home's sale prices in 2022 and 2021, suggesting stable market value for the property in recent years.
3. What does the "below average" size ranking mean for me?
While the living area is smaller than most homes in Earl Grey and across Winnipeg, it also means the property likely has a correspondingly lower price point. It's an opportunity to secure a home in the neighbourhood by prioritizing location over square footage.
4. Is the detached garage included?
Yes, the property listing confirms a detached garage.
5. The home was built in 1942. What should I consider?
While the basement has been renovated, the core structure is over 80 years old. A thorough inspection is recommended to understand the condition of major aging components like the roof, foundation, and plumbing.