Property Summary: 436 Dowling Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in the Kildare-Redonda neighbourhood, built in 1972. With 988 sqft of living space and a recently renovated basement, it offers a practical layout for efficient living. The property sits on a roughly 5,000 sqft lot and includes a detached garage.
Its primary appeal lies in its strong position within its immediate area. The data shows it consistently ranks above average for Dowling Avenue E and the broader Kildare-Redonda area in key metrics like assessed value, living area, and year built. This suggests a well-maintained home that stands out positively among its direct peers. The renovated basement adds modern, functional space.
This home would suit first-time buyers seeking a solid, move-in-ready starter home in an established neighbourhood, or downsizers looking for a manageable property without sacrificing a good-sized lot or garage. It’s for a buyer who values being above the local average in fundamentals over having a large footprint.
Section 2: Frequently Asked Questions
1. What does the assessed value ranking actually mean?
The assessed value is in the top 25% for the Kildare-Redonda area, meaning it’s officially valued higher than most comparable homes nearby. This often reflects recent updates, good condition, or desirable lot traits, but it's important to distinguish this from current market value.
2. How does the living area compare to typical Winnipeg homes?
At 988 sqft, it’s below the city-wide average. However, it’s above average for both its street and neighbourhood. This highlights a key perspective: while smaller by city standards, it offers more space than many immediate alternatives, which can be a smart compromise for location.
3. Is the basement renovation reflected in the official data?
Renovations that require permits can influence the assessed value. The fact that the assessed value ranks highly suggests the renovation may be recognized, but specifics on finish quality or permits should be verified during a viewing and with a home inspection.
4. What is the significance of the sold price history from 2022?
The 2022 sale price provides a historical benchmark, but the market has evolved since. The current assessed value being notably higher than that sale price range indicates a significant upward reassessment, likely due to the renovation and market changes.
5. Are there any concerns with a home built in 1972?
Being built in 1972 makes it newer than many homes in the area and city-wide. While this is a positive, it’s still a 50+ year-old home. A thorough inspection remains crucial to assess the condition of core systems like plumbing, electrical, and the roof, which may be original or nearing their lifespan.