Property Overview: 372 Dowling Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda presents a compelling opportunity centered on its exceptional lot. The nearly 10,000 sqft property is its standout feature, ranking in the top 1% for land size both on its street and in the wider neighbourhood. This offers rare potential for expansion, gardening, or outdoor living in the city. The home itself, built in 1972, is of an average size for the area at 912 sqft and includes a renovated basement. A detached garage completes the picture.
The primary appeal lies in a value proposition that is less about the current house and more about the asset beneath it. It suits a specific buyer: someone looking for a solid, modest home on a large, private lot where the real investment is in the land itself. It would be ideal for a buyer with future renovation or expansion plans, a gardening enthusiast, or an investor who recognizes the inherent value of such a sizable urban parcel. The home’s above-average assessed value for the neighbourhood suggests the property is already recognized as a premium holding in its local market.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size is larger than 99% of comparable properties on its street and in the Kildare-Redonda neighbourhood. City-wide, it's still larger than 94% of homes. This is its most distinctive characteristic.
2. The living area is noted as "below average" citywide. Is the house too small?
Not necessarily for the area. While smaller than the Winnipeg average, the home is very close to the average size for both Dowling Avenue E and the Kildare-Redonda neighbourhood. It represents a typical footprint for the community.
3. The assessed value seems high for the home's size. Why?
Property assessment considers multiple factors, not just living area. The exceptionally large lot is a major contributor to the assessed value, placing it in the top 2% on its street and top 8% in the neighbourhood.
4. What can you tell me about the sale history?
Public data indicates a sale occurred in December 2021 within an approximate price range. For precise historical sale prices, you can request the exact figures via email from the listing source.
5. Who would this property not suit?
It may not be the best fit for buyers seeking a modern, turn-key home or those who prefer a low-maintenance yard. The value here is in the land's potential, so it's better suited for those with a vision or willingness to develop the property over time.