Property Overview
163 Dowling Avenue E is a well-situated one-storey home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1968, it features 833 sqft of living space, a renovated basement, and a detached garage on a 4,997 sqft lot. The home presents a practical, no-fuss opportunity in a mature community.
Key Characteristics & Appeal
This home’s primary appeal lies in its straightforward, manageable scale and its position as a stable investment within its immediate area. With a living area and assessed value that are both around average for Dowling Avenue East itself, it represents a typical offering for the street—suggesting a predictable and established setting. The renovated basement adds functional living space, a valuable asset in a smaller-footprint home.
It would suit first-time buyers or downsizers looking for an entry point into homeownership without the burden of a large property to maintain. The detached garage is a notable practical benefit for storage or vehicle protection. A thoughtful perspective for buyers is to consider the value of a home that performs "average" for its specific street; it often indicates neighbourhood consistency and may offer more predictable long-term value with less volatility than a standout property. The lot size is also a quiet advantage, providing decent outdoor space relative to the home's footprint for gardening or leisure.
Frequently Asked Questions
1. How does this home compare to others in the wider area?
While its size and value are around average for its own street, both metrics are below the averages for the larger Kildare-Redonda neighbourhood and the city as a whole. This positions it as a more affordable option within the broader market.
2. What is the significance of the assessed value?
The assessed value of $29,500 is a municipal valuation for tax purposes. It is around average for the street but below average for the city. It is not a market price but can be a factor in calculating annual property taxes.
3. Has the property been sold recently?
Yes, according to available data, it sold previously in November 2021 and April 2017. Exact sale prices are available upon request from the listing source.
4. What are the potential considerations for a home built in 1968?
While the basement has been renovated, a home of this age may have original major systems (like roofing, plumbing, or electrical) that could require inspection or future updates, which is typical for the era.
5. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or agent to understand the quality and use of the additional space.