Property Overview: 113 Dalhousie Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1981, presents a practical and straightforward opportunity in the Fort Richmond neighbourhood. With 1,155 sqft of living space, it sits around the average size for its immediate street and the wider city, offering a manageable layout for everyday living. A key, less obvious characteristic is its age relative to the area: it is newer than most homes on Dalhousie Drive and in Fort Richmond, which may suggest updated building materials or systems compared to neighbouring properties. The lot size of 3,499 sqft is notably smaller than the neighbourhood average, resulting in lower maintenance demands—a potential benefit for those seeking a simpler yard.
The primary appeal lies in its value positioning. The home’s assessed value is below the Fort Richmond average, which could indicate an accessible entry point into this established area. It suits first-time buyers or pragmatic investors looking for a functional home without premium lot size, or downsizers who prioritize a manageable property. The unrenovated basement presents a blank canvas for future finishing to add value, aligning with a buyer comfortable with incremental projects.
Frequently Asked Questions
1. What does "below average" for lot size in Fort Richmond mean practically?
It means the yard is smaller than most in the neighbourhood. This translates to less grass to cut and garden to maintain, which can be a welcome advantage for buyers seeking a lower-maintenance outdoor space.
2. The home is noted as newer than most on the street. Does that come with advantages?
Potentially, yes. A 1981 build may have features like more modern electrical wiring, plumbing, or insulation standards compared to the area's average home from the early 1970s, possibly leading to lower immediate update costs.
3. There is no garage. What are the parking options?
The listing indicates no garage, so parking would be via a driveway or on-street. It’s advisable to verify the driveway capacity and review any local street parking regulations.
4. The basement is "not renovated." What condition should I expect?
This typically means the basement is unfinished or in a rough, original state. It will be usable for storage and utilities, but finishing it for living space would require a renovation project.
5. How does the last sold price (2022) relate to the current assessed value?
The home sold for an estimated $30.5k–$33.5k in mid-2022, and its current assessed value is $35.30k. The assessed value is used for municipal tax calculations and can differ from market value. For a current market valuation, a comparative market analysis with a local agent is recommended.