Property Overview
This 800 sqft, one-storey home at 417 Dowling Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a straightforward, value-oriented opportunity. Built in 1972, it sits on a 3,778 sqft lot and features a renovated basement. The home lacks a garage or pool. Its key appeal lies in its position as an affordable entry point into the market, with a notably low municipal assessed value that suggests a correspondingly accessible asking price. The renovated basement adds functional living space, which is a significant asset in a smaller home.
This property would best suit first-time buyers or practical investors seeking minimal upfront cost and a manageable footprint. Its below-average size and value metrics for the area mean it’s not for those seeking premium space or finishes, but rather for those who prioritize getting into the market with a liveable, updated space. A thoughtful perspective is that its "below average" rankings in size and value are precisely what create its affordability, making it a potential smart buy for someone willing to trade comparative metrics for real-world entry. Additionally, being newer than many homes on its street could mean fewer immediate issues associated with older construction.
Frequently Asked Questions
1. What does the low assessed value indicate?
The assessed value is significantly below averages for the street, neighbourhood, and city. This primarily reflects the home's smaller size and modest characteristics for tax purposes, and typically correlates with a lower purchase price, making it an affordable option.
2. Is the 800 sqft living area including the renovated basement?
No. The 800 sqft figure refers to the above-ground living area. The renovated basement provides additional, separate space, which effectively increases the usable square footage of the home.
3. What are the implications of having no garage?
Buyers should plan for street parking and consider the logistics of Winnipeg winters. The lot size is average for the street, so adding a parking pad or future garage may be possible, subject to city bylaws and space.
4. How does this home compare to others on the street?
The data shows it is newer than most on Dowling Avenue E, but smaller in living area and with a lower assessed value. This positions it as a more modern but more compact option compared to its immediate neighbours.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from July 2021 can be requested directly via the email function provided on the listing page, as this information is verified manually.