Property Overview: 332 Dowling Avenue E, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kildare-Redonda presents a practical and value-oriented opportunity. Built in 1972, it is newer than many homes on its street and in the immediate neighbourhood, which can be an advantage for systems and structure. With 833 sqft of living space, the home is compact and efficient, suitable for those looking to minimize upkeep. A key feature is the renovated basement, adding functional space. The property stands out for its above-average assessed value for the area, suggesting it may be in better condition or have more desirable attributes than many nearby homes. The lot is a generous 5,092 sqft, offering ample outdoor space relative to local norms.
The appeal lies in its balance of a well-sized lot, a modernized element (the basement), and a home that is manageable in scale. It would suit first-time buyers seeking an entry point into the market, downsizers looking for a single-level layout without sacrificing yard space, or value-focused investors attracted by its strong assessment relative to the area. A less obvious perspective is that a higher assessment in a modest neighbourhood can sometimes indicate a property that has been cared for, potentially reducing immediate repair costs for a new owner.
Frequently Asked Questions
1. What does "above-average assessed value for the area" actually mean?
It means the municipal property assessment for this home is higher than most of its immediate neighbours. This often reflects factors like renovations, overall condition, or desirable lot features, but it's important to verify this with a current inspection.
2. Is the living space too small?
At 833 sqft, the living area is below the city average. However, it is close to the average for the specific street (919 sqft). The renovated basement significantly increases the usable space, making the home practical for a small household or someone comfortable with a efficient layout.
3. How does the sold price history help?
The home sold in July 2019 for an estimated range of $275k-$305k. Comparing this past sale to its current assessed value and market conditions can provide context for price trends and value in this specific location.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or storage without impacting the main house's living space. It does mean navigating outdoors to access your vehicle, which is a consideration in Winnipeg winters.
5. What is the neighbourhood like?
Kildare-Redonda is a mature, established neighbourhood. The data shows homes here typically have smaller square footage and lot sizes than the city-wide average, indicating a community of modest, older homes. The property rankings suggest this specific home is a comparatively newer and larger-lot offering within that context.