Property Overview: 165 Dalhousie Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This 1981 bi-level home in Fort Richmond presents a practical and efficient living space. Its key characteristic is a renovated basement, adding valuable finished square footage to the 844 sqft main living area. The home sits on a notably large lot (3,260 sqft), ranking in the top 15% for land size in Winnipeg, which offers ample outdoor space and potential in a city where lot sizes are typically smaller.
The appeal lies in its balance of a solid, updated feature (the basement) and a generous, private yard. It suits first-time buyers seeking a manageable home with room to grow, or downsizers looking for low-maintenance living without sacrificing outdoor space. A thoughtful perspective is its positioning relative to the market: while the living area is modest, the lot size and renovation work offer a foundation of value that isn't immediately apparent in square footage alone. It’s a property for those who prioritize land and functional updates over a large interior footprint.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and features added (such as plumbing for a bathroom or a separate entrance).
2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should assess the driveway capacity and on-street parking availability for their needs. The large lot may offer space for a future garage, subject to local bylaws and permits, while the renovated basement can help offset storage concerns.
3. The assessed value is $36.5k, but it likely sells for more. Why?
Municipal assessed value for taxation purposes often differs significantly from market value. The last recorded sale was $34.2k in 2021. The current market value will be determined by recent comparable sales, condition, and demand.
4. The home is smaller than many in the neighbourhood. Is that a concern?
At 844 sqft, the living area is compact but efficient. The renovated basement effectively expands usable space. This can be an advantage for keeping utility costs lower while still offering room for a home office or family area.
5. What are the implications of the lot size ranking so highly?
A lot size in the top 15% city-wide is a significant asset. It provides more privacy, gardening space, and play area than typical. It also may represent a greater portion of the property's long-term value, offering potential for expansion or landscaping projects not possible on standard lots.