Property Summary: 14 Duval Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 14 Duval Street in Mandalay West is a practical and well-situated property built in 1985. Its key appeal lies in its efficient use of space and its position within a stable, established neighbourhood. With 1,040 sqft of living area, it offers a comfortably sized layout that ranks above average for its immediate street. The lot, while smaller than many in the wider area at 4,498 sqft, provides manageable outdoor space with less maintenance.
The home’s assessed value is notably modest compared to city-wide averages, which may indicate a lower property tax burden and could represent an accessible entry point into homeownership. Its sale history shows it last changed hands between 2017 for an estimated $250k-$300k, suggesting a history of steady value.
This property would suit first-time buyers or downsizers looking for a straightforward, no-fuss home in a mature community. It’s for someone who values a functional layout over grandeur and prefers a smaller, easier-to-maintain yard. A thoughtful perspective is that while the lot size is below the neighbourhood average, it translates to less weekend yard work and lower landscaping costs, which can be a hidden benefit for busy professionals or retirees.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
The living space (1,040 sqft) is actually above average for Duval Street itself, but the lot size is smaller than most in the Mandalay West area. This suggests a home that makes efficient use of its interior space on a more compact parcel of land.
2. What does the assessed value tell me?
The assessed value of $34,900 is around average for the street but below the average for the broader Mandalay West neighbourhood. This is not a market value but is used for calculating property taxes, which could be relatively favourable here.
3. When was it last sold, and for how much?
Records indicate it was last sold in 2017 for an estimated price between $250,000 and $300,000. For the exact sale price, you can request details directly from the listing source.
4. What is the neighbourhood like?
Mandalay West is an established community with homes primarily from the 1980s. The property is centrally located within Winnipeg, offering the convenience of mature infrastructure and amenities.
5. Are there any potential concerns?
As a home built in 1985, prospective buyers should budget for potential updates to aging components, such as the roof, windows, or major mechanical systems, which may be nearing the end of their typical lifespan. The smaller lot is a feature that suits some lifestyles but may not appeal to those seeking extensive outdoor space.