Property Overview: 84 Dalhousie Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1978, presents a practical and affordable entry point into Winnipeg's established Fort Richmond neighbourhood. With 1,188 sqft of living space, its size is squarely average for the immediate street and area, offering comfortable room for a small family or couple. A key characteristic is its notably low assessed value compared to neighbours, which suggests a potential value opportunity for a buyer willing to invest in updates. The home sits on a modest, manageable lot and features an unfinished basement, providing blank-canvas storage or future expansion space.
The appeal lies in its straightforward, no-frills offering within a mature community. It suits first-time homebuyers or practical investors looking for a lower-cost foothold in a convenient area. The home’s above-average age ranking on its street indicates it is relatively newer than many immediate neighbours, a less obvious point that might mean slightly newer core components. This isn't a move-in-ready showhome, but a property whose value is tied to its location, fundamental structure, and the potential seen by a buyer ready to personalize it over time.
Section 2: 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 a home that has not been recently renovated or updated relative to its peers. This is consistent with the noted unfinished basement.
2. What does the "above average" year built ranking mean for me?
Built in 1978, this home is newer than many on its street and in Fort Richmond. This could imply that major systems (like roofing, plumbing, or electrical) might have more recent service life remaining compared to older-area averages, though a specific inspection is essential.
3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is below the area average, meaning less yard for gardening or expansion. However, it also translates to less maintenance, lower landscaping costs, and can be a benefit for those seeking a more low-maintenance property.
4. The last sold price range shows a sale in 2019. What should I consider?
The 2019 sale price provides a historical benchmark, but market conditions have likely changed. This history is most useful for understanding past market activity, not for determining current value, which should be based on a present-day appraisal and recent comparable sales.
5. Who would this property not be suitable for?
It may not suit buyers seeking a turn-key, modernized home or those desiring a large yard. The unfinished basement and value-focused pricing indicate it is ideally suited for buyers comfortable with a project, whether tackled immediately or gradually over the years.