Property Overview
This two-storey home at 235 Dalhousie Drive in Fort Richmond is a practical, no-frills property that presents a clear value proposition. Built in 1970, it features 1,152 sqft of living space and a renovated basement, sitting on a 3,346 sqft lot. The home has no garage or pool. Its most defining characteristic is its assessed value, which is significantly below average for its street, neighbourhood, and the city of Winnipeg. This suggests a potentially lower property tax burden and an accessible entry point into the market. The home last sold in May 2021.
Key Characteristics & Appeal
The primary appeal of this property is its affordability and efficiency. It suits first-time buyers, investors, or downsizers seeking a lower-cost foothold in a well-established neighbourhood like Fort Richmond. The renovated basement adds functional living space without the need for immediate work. While the living area and lot size are modest compared to nearby homes, this translates to less maintenance and lower utility costs—a practical trade-off. The lack of a garage, while a drawback for some, simplifies the structure and could appeal to those looking for a straightforward, manageable property. It’s a home for pragmatic buyers who prioritize financial accessibility and a turn-key basement over size, premium features, or a large yard.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
While the exact reason isn't specified, a significantly lower assessment often reflects the home's more modest size, lot dimensions, and features compared to others on the street. It's advisable to review the detailed assessment for specific factors.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not detail the finishes or layout. A viewing or inquiry with the seller is necessary to understand the quality, permitted status, and specific use of this space.
3. Is the lack of a garage a major issue in this area?
Many homes in older Winnipeg neighbourhoods lack garages. On-site viewing is recommended to assess the available parking options, such as driveway space or on-street parking, to see if it meets your needs.
4. How does the sold price history work?
The listed sold price from 2021 is a range based on public data. For the exact historical sale price, you can request it via email from the site; they provide this detail manually without using your email for marketing.
5. The home is below average in size for the area. Will this affect resale?
It positions the home in a specific market niche. It may appeal to a similar pool of value-focused buyers in the future, but could also limit appeal for those seeking larger spaces. Its affordability is its key selling feature.