Property Overview & Key Characteristics
This one-storey home at 390 Dalhousie Drive in Fort Richmond is a practical, no-fuss property built in 1971. Its key appeal lies in its balance of a renovated basement, a detached garage, and a notably generous lot for the city. At 6,119 sqft, the land area is well above the Winnipeg average, offering significant outdoor space that is uncommon for many homes in this price range. The living space itself is modest at 1,022 sqft, placing it below average for the neighbourhood, but the renovated basement adds functional space.
The home suits first-time buyers or downsizers looking for a manageable single-level layout without a major renovation project. It also appeals to value-oriented buyers who prioritize a large, private yard over a large interior footprint—a trade-off that can be hard to find. The assessed value is squarely average for the immediate street, suggesting it’s priced in line with its local market, not carrying a premium for the area.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 6,119 sqft lot is larger than most on Dalhousie Drive and in Fort Richmond overall, ranking in the top 28% citywide. This is one of the property's standout features.
2. What does "renovated basement" typically include?
While the listing confirms a renovated basement, specific finishes and permits should be verified by a buyer's inspection. It adds valuable functional space to the home's modest main-floor living area.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($38,700) is a municipal figure for tax purposes. Notably, the home sold in late 2023 for an estimated $40,500-$43,500, which was a premium at the time. Current market conditions will ultimately determine the price.
4. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or studio without concerns about fumes or noise in the house. It also provides separate storage, potentially freeing up basement space for living.
5. How does the age of the home affect maintenance?
Built in 1971, the home is of average age for the area. Buyers should budget for updates to major aging components common for the era, such as the roof, windows, or mechanical systems, even with a renovated basement.