Property Overview: 1061 Dumas Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1061 Dumas Avenue in the Maybank neighbourhood stands out for its modern foundation and above-average size within its local context. Built in 2020, it is a notably newer construction compared to most homes on its street and in Winnipeg overall, suggesting modern building standards, systems, and minimal immediate repair needs. With 1,632 sqft of living space, it offers significantly more room than the typical home in Maybank, placing it in the top tier locally for interior space.
The appeal lies in this combination of a modern, move-in-ready home with the generous square footage often found in older properties, but without the same potential for aging infrastructure issues. Its assessed value is strong for the area, indicating solid perceived worth. The lot size is fairly typical for the neighbourhood.
This property would ideally suit buyers looking for a modern home who want to stay within a well-established community like Maybank. It’s a practical choice for those who value space and new construction but wish to avoid the premium and lot sizes of brand-new suburban developments. It also presents a compelling option for someone wanting to minimize the renovation and maintenance work common with older Winnipeg homes.
Section 2: Frequently Asked Questions
1. How does a 2020-built home fit into an older neighbourhood like Maybank?
It offers a unique blend: you get the modern amenities, energy efficiency, and contemporary layout of a new build within the mature streetscape and established community of a long-standing neighbourhood.
2. The assessed value seems low compared to the city-wide average. Is that a concern?
No, this is typical and reflects the specific market values in the Maybank area. In fact, this home’s assessment is in the top tier for its street and neighbourhood, indicating it is valued highly within its local market context.
3. What might the sold price history (CA$500k–550k in 2023) tell us?
It shows the home has changed hands relatively recently in a modern market, and that its selling price significantly exceeded its assessed value—a common occurrence. This gap highlights that market demand for modern, spacious homes in established areas often commands a premium over the official assessment.
4. The lot is noted as "below average" size for Dumas Avenue. How significant is this?
The lot is 4,545 sqft, which is only slightly smaller than the street average (~4,909 sqft). For a 2020 build, efficient use of a slightly smaller lot is common. The more notable feature is the above-average living space built upon it.
5. Who might this home not suit as well?
Buyers seeking a very large yard or those who prefer the classic architectural character and larger lot sizes of a pre-war home might find it less appealing. It’s also likely priced at a premium relative to older, smaller homes in the area.