Property Overview: 117 Dunraven Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glenwood is a practical and character-filled property built in 1949. With 908 sqft of living space and a renovated basement, it offers functional living in a well-established neighbourhood. Its assessed value is modest and in line with area averages, suggesting a manageable entry point into the Winnipeg market.
The appeal lies in its balance of original charm and updated utility, primarily in the finished basement. The lot size, while slightly smaller than others on Dunraven Avenue, is fairly typical for Glenwood and offers manageable outdoor space. From a less obvious perspective, its "around average" metrics for the street and neighbourhood indicate a stable, predictable investment without the premium or risk associated with outliers. It suits first-time homebuyers, downsizers, or practical investors looking for a solid, no-frills home in a mature community. It’s for someone who values character and location over sheer size, and who sees potential in a home that is already partially updated.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 908 sqft, the living area is very close to the average for both Dunraven Avenue and the wider Glenwood neighbourhood, but below the city-wide average. It's a comfortably sized home for its area.
2. What is the significance of the assessed value?
The assessed value of $28,500 is around the middle of the pack for the immediate area and Glenwood. This typically indicates a property that is priced consistently with its local market, not over- or under-valued based on municipal assessment.
3. What does the sold price history show?
Public data indicates it last sold between $25,500 and $28,500 in August 2016. Exact sold prices are available upon request to provide precise historical context.
4. Is the older year built a concern?
Built in 1949, this home is actually newer than many on its street and in Glenwood. While older homes require diligent maintenance, its age is typical for the area's character homes and may indicate solid construction methods of that era.
5. What are the nearby properties like?
The immediate neighbours on Dunraven Avenue are homes of very similar vintage and style, suggesting a streetscape with consistent character. The listing also references comparable homes in Glenwood with similar assessed values, providing a good benchmark for the property's market position.