Property Overview: 425 Dowling Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 425 Dowling Avenue E presents a practical and affordable entry point into Winnipeg’s Kildare-Redonda neighborhood. Its key characteristics include a modest 720 sqft of living space, a renovated basement, and a standard lot size of just over 4,000 sqft. Built in 1973, it is notably newer than most homes on its street and in the immediate area.
The primary appeal lies in its value proposition and low-maintenance potential. With a historically low sold price and an assessed value significantly below the city average, it offers a rare opportunity for budget-conscious buyers. The renovated basement adds functional living space, compensating for the compact main floor. This property is ideally suited for first-time homebuyers, investors seeking a rental property, or downsizers looking for a manageable home without a large yard or complex upkeep. A thoughtful perspective is that its "below average" size and assessment are its greatest strengths, providing a lower cost of entry and reduced property tax burden, which can be a smart long-term strategy in an expensive market.
Section 2: Frequently Asked Questions
1. How does the home's size compare to the area?
At 720 sqft, the living area is smaller than most comparable homes in Kildare-Redonda (where the average is about 966 sqft). This is reflected in its below-average ranking for size locally and city-wide.
2. What is notable about the year it was built?
Built in 1973, this home is actually among the newer properties on its street and in the Kildare-Redonda area, ranking in the top 4%. This can suggest potentially fewer issues with aging infrastructure compared to neighboring homes.
3. Is there a garage or parking?
The listing specifies there is no garage. Buyers should inquire about on-site parking options, such as a driveway or pad.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not provide specifics. Buyers should investigate the scope of the renovation, required permits, and the current layout to understand how it adds to the livable space.
5. How is the property valued compared to others?
The home’s assessed value is around average for its street but below the average for both the broader Kildare-Redonda neighborhood and the city of Winnipeg as a whole. This indicates a potentially more affordable property tax bill relative to many other homes in the city.