21 Dunkirk Place

Property Overview

21 Dunkirk Place is a two-storey home built in 1940, situated on a generous 8,612 sqft lot in Winnipeg's Kingston Crescent area. With 1,364 sqft of living space, a detached garage, and an unfinished basement, it presents a classic, no-frills property. Its assessed value is notably above the city-wide average, yet it sits below the average for its immediate neighbourhood and street, suggesting a unique value position within a more affluent area.

Key Characteristics & Appeal

This home’s primary appeal lies in its land and location. The lot size is significantly above the Winnipeg average, offering ample outdoor space and potential in a mature, established neighbourhood. The house itself is functionally sized but not renovated, positioning it as a solid canvas. Its assessed value being high city-wide but moderate for Kingston Crescent indicates you are buying into a desirable area at a potentially more accessible entry point.

It would suit a practical buyer who values space and location over turn-key condition. This could be a hands-on homeowner looking to gradually update a character home to their own taste, or an investor who sees the underlying value in the lot and the neighbourhood's overall stature. It’s less suited for those seeking modern finishes or a maintenance-free lifestyle.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is unfinished. This offers flexibility for future development, such as creating a recreation room, additional storage, or rental suite (subject to permits and regulations), but it requires investment.

2. How does the assessed value compare to likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. While it provides a benchmark, the selling price will be determined by current market conditions, the home’s condition, and buyer demand for the lot and location.

3. What is the significance of the lot size?
At 8,612 sqft, the lot is well above the Winnipeg average. This is a key asset, providing privacy, room for gardens, play areas, or future additions like a deck or workshop, which is increasingly rare in newer developments.

4. The home is older—what should I be mindful of?
As a home built in 1940, prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof. A thorough home inspection is essential to understand the condition and any immediate needs.

5. How does this property rank in the area?
The data shows a interesting dynamic: while the home’s living area and age are around or below average for its specific street and neighbourhood, its lot size and city-wide value assessment are strong. This underscores that you are purchasing a property with foundational strengths in a prime location, rather than the largest or newest house on the block.