Property Overview
94 Duval Street is a well-situated home in Winnipeg's Mandalay West neighbourhood. Built in 1987, it stands out as one of the newer homes on its street. The 1,040 sqft residence sits on a generous 5,141 sqft lot, offering above-average interior space for the immediate area and a sizable yard for its locale. Its recent sale in the $400k-$450k range aligns with city-wide averages for similar assessed values.
The appeal here lies in a balance of space, modernity, and location. It offers more living area than most neighbouring homes and a newer construction date, which can mean fewer immediate updates compared to older city averages. The large lot provides room for outdoor enjoyment or expansion. This property would suit first-time buyers or downsizers seeking a move-in-ready home in a stable area without the premium of a brand-new build, or practical buyers who value a larger yard and more interior space within a specific community.
Frequently Asked Questions
How does this home compare in size to its neighbours?
At 1,040 sqft, this home's living area is in the top 20% on Duval Street, meaning it is notably larger than most houses directly around it.
Is the assessed value a good indicator of the sale price?
The assessed value is significantly lower than the recent sale price, which is common. Assessments for tax purposes often don't reflect current market value, especially after a recent sale that resets the price benchmark.
What does the "newer" build year practically mean for a buyer?
Built in 1987, the home is newer than the Winnipeg city average. This can suggest updated building standards, potentially more efficient wiring and plumbing, and possibly less urgency for major system replacements compared to much older homes.
How does the lot size compare to the wider area?
The lot is over 5,000 sqft, which is above average for Duval Street and Mandalay West. However, it is slightly below the city-wide average lot size, offering a good private outdoor space for the neighbourhood without the extensive maintenance of a larger city lot.
Where can I see more detailed context about the area?
You can use the provided neighbourhood analysis page link to see this property on a map alongside nearby homes, comparing key metrics like year built and lot size visually.