Property Overview: 47 Dunham Street, Winnipeg
Key Characteristics & Appeal
This home at 47 Dunham Street in Mandalay West presents a balanced and practical offering. Built in 1985, it features 1,353 sqft of living space, which is comfortably average for its immediate street and neighborhood, suggesting a layout in line with local expectations for a family home. The property’s standout feature is its generous 6,151 sqft lot, which ranks well above average for both the street and the wider area, offering valuable outdoor space and potential.
Its appeal lies in its solid positioning within the market. With an assessed value of $440,000 that places it above average city-wide, the property suggests good inherent value and a history of maintenance or updates. It last sold between $400k-$450k in 2021. This isn’t a flashy, top-tier property, but rather a steady, reliable home in a mature neighborhood. It would suit practical buyers—perhaps growing families or downsizers—who prioritize a larger yard over a brand-new build, and who appreciate a home that holds its value well without being the most expensive on the block. The data indicates a home that offers more land than many peers, a sensible trade-off for its slightly older construction date relative to the city.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s $440,000 assessed value is above the city-wide average and ranks in the top 30% locally. On Dunham Street itself, it’s in the top 27% by value, indicating it is considered one of the more valuable properties on the block.
2. Is the lot size a significant advantage?
Yes. The 6,151 sqft lot is a key asset, ranking above average for the street, neighborhood, and city. This means more private outdoor space than many comparable homes, which is a permanent and desirable feature.
3. The home was built in 1985. Should I be concerned about major repairs?
A 41-year-old home will likely have seen updates, but a thorough inspection is essential. Its age is average for Mandalay West but newer than the typical Winnipeg home, potentially meaning some major systems (like roof, windows) could be from a more recent renovation period.
4. What does the sold price history tell me?
The home sold for between $400,000 and $450,000 in 2021. This range, combined with the current assessed value, suggests stable market value over the past few years. For the exact sale price, you can request the information directly from the listing service.
5. Who would this property not suit?
Buyers seeking a modern, turn-key new build or those who prioritize maximum interior square footage over yard space might find better options. The living area is average for the area, so the appeal is more in the land value and solid neighborhood standing.