Property Overview
This 720 sqft bi-level home at 314 Dowling Avenue E presents a compact and efficient living option in Winnipeg's Kildare-Redonda neighbourhood. Built in 1972, it is newer than many homes on its street and in the immediate area. The home features a renovated basement, adding to its functional living space. Key metrics show it sits on a 3,055 sqft lot and has a current assessed value of $27,400.
Its primary appeal lies in its role as an attainable entry point into the housing market. The renovated basement increases usable space, making it practical for its size. It suits first-time buyers, investors looking for a rental property, or downsizers seeking a low-maintenance home without a large yard or garage. A thoughtful perspective is that its "below average" size and lot compared to city-wide figures translate to lower utility costs, less upkeep, and a potentially smaller tax burden, which can be a smart financial trade-off for the right buyer.
Frequently Asked Questions
1. How does the home's size compare practically?
At 720 sqft of living area, the home is notably cozier than the Winnipeg average. This makes it efficient for one or two people but requires thoughtful furniture choices and organization for comfortable living.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, legal egress, and whether it includes a separate entrance or rental potential.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $27,400 is for municipal tax purposes. The last known sale was between $17.5k-$20.5k in 2017. The market price will be determined by current conditions, the home's state, and buyer demand.
4. What are the implications of having no garage?
Parking will be limited to driveway or street. This means dealing with Winnipeg winters without sheltered parking, which is a significant convenience factor for many buyers and should be considered in offers.
5. The home is newer than neighbours; does that mean fewer issues?
While being newer (1972) than many nearby homes is a plus, a 54-year-old property will still require careful inspection. The renovation may address some updates, but core systems like plumbing, electrical, and the foundation should be professionally evaluated.